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Financial Flows and Exchange Rates: Challenges Faced by Developing Countries

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  • Raquel Almeida Ramos

    () (IPC-IG)

Abstract

With the global financial crisis, emerging developing countries have been experiencing marked cycles of capital flows: significant inflows until the collapse of Lehman Brothers; a sudden outflow in the sequence; a rebound of inflows some months after; and, more recently, more short-lived periods of risk aversion and outflows due to the problems concerning the Euro. This period has been of singular intensity, with cycles changing much more rapidly than previously. The different intensity has major implications for understanding the process, especially regarding the relative importance of push and pull factors and the formulation of policy options. (?)

Suggested Citation

  • Raquel Almeida Ramos, 2012. "Financial Flows and Exchange Rates: Challenges Faced by Developing Countries," Working Papers 97, International Policy Centre for Inclusive Growth.
  • Handle: RePEc:ipc:wpaper:97
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    File URL: http://www.ipc-undp.org/pub/IPCWorkingPaper97.pdf
    File Function: First version, 2012
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    References listed on IDEAS

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    1. Raquel Almeida Ramos, 2012. "Dealing with Exchange Rate Issues: Reserves or Capital Controls?," Policy Research Brief 32, International Policy Centre for Inclusive Growth.

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    Financial Flows and Exchange Rates: Challenges Faced by Developing Countries;

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