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The Coming Wave

Listed author(s):
  • G. Andrew Karolyi

    (Cornell University)

  • David T. Ng

    (Cornell University and Hong Kong Institute for Monetary Research)

  • Eswar S. Prasad

    (Cornell University and Brookings Institution)

Private investors from emerging market economies are increasingly putting their funds in overseas assets. Understanding the volumes and patterns of the various outflows-sovereign and private-and analyzing what influences them will help shed light on how the landscape of international capital flows is likely to change as emerging market economies become more integrated into global financial markets. We look at the types of capital outflows from emerging markets and describe some preliminary results.

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Paper provided by Hong Kong Institute for Monetary Research in its series Working Papers with number 082013.

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Length: 15 pages
Date of creation: Jun 2013
Handle: RePEc:hkm:wpaper:082013
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