From Capital Flow Bonanza to Financial Crash
AbstractThe standard pattern: capital flows into the new “hot” nation, but then stop or reverses forcing painful adjustment. This column presents research based on such episodes from 181 nations during 1980-2007 and for a subset of 66 nations for the 1960-2007 period. If the pattern of the past few decades holds true, emerging market economies may be facing a darkening future.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 11866.
Date of creation: Aug 2008
Date of revision:
international capital flows; crses procyclical polices;
Find related papers by JEL classification:
- N1 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- Military Keynesianism and the War on Terror
by Thomas Oatley in International Political Economy at the University of North Carolina on 2013-03-19 00:28:00
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"Cross-country causes and consequences of the 2008 crisis: early warning,"
Working Paper Series
2009-17, Federal Reserve Bank of San Francisco.
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- Rose, Andrew K & Spiegel, Mark, 2009. "Cross-Country Causes and Consequences of the 2008 Crisis: Early Warning," CEPR Discussion Papers 7354, C.E.P.R. Discussion Papers.
- Andrew K. Rose & Mark M. Spiegel, . "Cross-Country Causes and Consequences of the 2008 Crisis: Early Warning," Working Papers 6, Department of the Treasury, Ministry of the Economy and of Finance.
- Reinhart, Carmen & Reinhart, Vincent, 2008. "Is the US too big to fail?," MPRA Paper 12976, University Library of Munich, Germany.
- Christine Erhel & Iain Begg & Jorgen Mortensen, 2010. "Medium term employment challenges of the Lisbon strategy," UniversitÃ© Paris1 PanthÃ©on-Sorbonne (Post-Print and Working Papers) hal-00616806, HAL.
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