This paper analyzes the behavior of gross capital inflows across 34 emerging markets (EMs). We first confirm that aggregate inflows to EMs co-move considerably.
A comprehensive examination of policy measures intended to help emerging markets contend with large and volatile capital flows. While always episodic in nature,
This paper documents the evolution of gross and net capital flows to emerging market economies and surveys the large literature on the potential drivers. While
The prosperity and stability of any economic structure is reliant upon a foundation of secure systems that regulate the movement of money across the globe. Thes