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Global capital flows to the emerging-market economies: Qualitative and quantitative differences

Author

Listed:
  • Dilip K Das

    (The Asia Center, SolBridge, International School of Business)

Abstract

This article focuses on the financial globalization of the emerging-market economies (EMEs) and the important differences across country groups in this regard, particularly the relative importance of different types of capital inflows and the pace of financial globalization. That the extent of financial globalization in the EMEs is both qualitatively and quantitatively different from that in the other country groups can be established with the help of de jure and de facto measures. The author provides details of global private capital flows to the EMEs since the early 1970s. The time period has been divided into various sub-periods. The characteristic features and trends for each period have been identified and analyzed.

Suggested Citation

  • Dilip K Das, 2010. "Global capital flows to the emerging-market economies: Qualitative and quantitative differences," Journal of Asset Management, Palgrave Macmillan, vol. 11(4), pages 244-260, October.
  • Handle: RePEc:pal:assmgt:v:11:y:2010:i:4:d:10.1057_jam.2009.27
    DOI: 10.1057/jam.2009.27
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    References listed on IDEAS

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    6. Christina Leijonhufvud, 2007. "Financial Globalisation and Emerging Markets Volatility," The World Economy, Wiley Blackwell, vol. 30(12), pages 1817-1842, December.
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