| 000 | 02832nam a22004694a 4500 | ||
|---|---|---|---|
| 001 | WPIEA2013183 | ||
| 003 | IMF | ||
| 005 | 20190408081603.0 | ||
| 006 | m o d | ||
| 007 | cr cn||||||||| | ||
| 008 | 020129s2013 dcu o i00 0 eng d | ||
| 020 |
_a1484389042 : _c18.00 USD |
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| 020 | _z9781484389041 | ||
| 022 | _a1018-5941 | ||
| 024 | 7 |
_a10.5089/9781484389041.001 _2doi |
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| 035 | _a(IMF)WPIEA2013183 | ||
| 040 |
_aDcWaIMF _beng |
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| 100 | 1 | _aBluedorn, John C. | |
| 245 | 1 | 0 |
_aCapital Flows are Fickle _h[electronic resource] : _bAnytime, Anywhere / _cJohn C Bluedorn. |
| 260 |
_aWashington, D.C. : _bInternational Monetary Fund, _c2013. |
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| 300 | _a1 online resource (37 p.) | ||
| 490 | 1 |
_aIMF Working Papers; Working Paper ; _vNo. 13/183 |
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| 520 | 3 | _aHas the unprecedented financial globalization of recent years changed the behavior of capital flows across countries? Using a newly constructed database of gross and net capital flows since 1980 for a sample of nearly 150 countries, this paper finds that private capital flows are typically volatile for all countries, advanced or emerging, across all points in time. This holds true across most types of flows, including bank, portfolio debt, and equity flows. Advanced economies enjoy a greater substitutability between types of inflows, and complementarity between gross inflows and outflows, than do emerging markets, which reduces the volatility of their total net inflows despite higher volatility of the components. Capital flows also exhibit low persistence, across all economies and across most types of flows. Inflows tend to rise temporarily when global financing conditions are relatively easy. These findings suggest that fickle capital flows are an unavoidable fact of life to which policymakers across all countries need to continue to manage and adapt. | |
| 588 | _aDescription based on print version record. | ||
| 650 | 7 |
_aCapital Inflows _2imf |
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| 650 | 7 |
_aComovement _2imf |
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| 650 | 7 |
_aGlobal Factors _2imf |
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| 650 | 7 |
_aInternational Capital Flows _2imf |
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| 650 | 7 |
_aNet Capital Flows _2imf |
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| 650 | 7 |
_aPersistence _2imf |
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| 651 | 7 |
_aAntigua and Barbuda _2imf |
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| 651 | 7 |
_aBahrain _2imf |
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| 651 | 7 |
_aGreece _2imf |
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| 651 | 7 |
_aSaint Vincent and the Grenadines _2imf |
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| 651 | 7 |
_aSlovak Republic _2imf |
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| 700 | 1 | _aDuttagupta, Rupa. | |
| 700 | 1 | _aGuajardo, Jaime. | |
| 700 | 1 | _aTopalova, Petia. | |
| 776 | 0 | 8 |
_iPrint Version: _aBluedorn, John C. _tCapital Flows are Fickle : Anytime, Anywhere _dWashington, D.C. : International Monetary Fund, 2013. _z9781484389041 |
| 830 | 0 |
_aIMF Working Papers; Working Paper ; _vNo. 13/183 |
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| 856 | 4 | 0 |
_uhttp://elibrary.imf.org/view/IMF001/20759-9781484389041/20759-9781484389041/20759-9781484389041.xml _zIMF e-Library |
| 856 | 4 | 0 |
_uhttp://www.imfbookstore.org/IMFORG/9781484389041 _zIMF Book Store |
| 999 |
_c165024 _d165024 |
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