Hidden Bibliographic Details
| Other authors / contributors: | Cerisola, Martin.
International Monetary Fund. Western Hemisphere Department.
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| ISBN: | 1282026658
9781282026650
9781451901900
1451901909
1462382177
9781462382170
1452752222
9781452752228
9786613796400
6613796409
9781451856811
1451856814
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| Notes: | Includes bibliographical references (pages 26-27).
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: | The increased globalization of the world economy over the past decade has been reflected in the increased dependence of emerging markets on developments in the U.S. economy. While the dramatic rise in capital flows to emerging markets has primarily been induced by the implementation of sound macroeconomic policies and wide structural reforms in these countries, it has also been driven by changing conditions in industrial countries that have encouraged investors to diversify their portfolios into developing country assets. In particular, Calvo et al. (1993) have emphasized the role of economic conditions-particularly interest rates-in industrial countries,2 while others have also pointed to structural changes in institutional portfolios in industrial countries, which led to a permanent increase in their exposure to developing countries.
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| Other form: | Print version: Arora, Vivek B. How does U.S. monetary policy influence economic conditions in emerging markets? [Washington, D.C.] : International Monetary Fund, Western Hemisphere Dept., ©2000
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| Standard no.: | 10.5089/9781451901900.001
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