Gross Private Capital Flows to Emerging Markets: Can the Global Financial Cycle Be Tamed?

Gross Private Capital Flows to Emerging Markets: Can the Global Financial Cycle Be Tamed?
This paper assesses empirically the key drivers of private capital flows to a large sample of emerging market economies in the last decade. It analyzes the effect of the global financial cycle, measured by the VIX, on capital flows and investigates the role of fundamentals and country characteristics in mitigating or amplifying its effect. Using... READ MORE...

Publication date: October 2014
ISBN 9781498351867
$18.00

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