Hidden Bibliographic Details
Other authors / contributors: | Khan, Mohsin S.
International Monetary Fund. Research Department.
IMF Institute.
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ISBN: | 1283561247 9781283561242 1451891059 9781451891058 1462360181 9781462360185 1452703892 9781452703893 9786613873699 6613873691 9781451924947 1451924941
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Notes: | Includes bibliographical references (page 32). Restrictions unspecified Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010. Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 English. digitized 2010 HathiTrust Digital Library committed to preserve Print version record.
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Summary: | Annotation This paper reviews some of the basic patterns of international capital flows to emerging markets in recent years, including the composition of capital flows, intraregional flow patterns, and the geographical distribution of the flows. a theoretical model that sheds new light on these observed patterns is developed. This model focuses on the cost of financing aspect of capital flows, and shows that the patterns of capital flows are influenced by the combined effects of financial market development and growth potential in the recipient countries. the theoretical predictions of the model are shown to be consistent with the stylized facts.
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Other form: | Print version: Chen, Zhaohui. Patterns of capital flows to emerging markets. [Washington, D.C.] : International Monetary Fund, Research Dept. and IMF Institute, ©1997
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Standard no.: | 10.5089/9781451891058.001
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