Financial Flows and Exchange Rates: Challenges Faced by Developing Countries

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...

Descripción completa

Detalles Bibliográficos
Autor: Ramos, Raquel Almeida
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2012
País:Brasil
Institución:Instituto de Pesquisa Econômica Aplicada (IPEA)
Repositorio:Repositório Institucional da IPEA (RCIpea)
Idioma:inglés
OAI Identifier:oai:repositorio.ipea.gov.br:11058/15319
Acceso en línea:https://repositorio.ipea.gov.br/handle/11058/15319
Access Level:acceso abierto
Palabra clave:Financial Flows and Exchange Rates: Challenges Faced by Developing Countries
Descripción
Sumario: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. (…)

Similares en LA Referencia