Push factors and capital flows to emerging markets why knowing your lender matters more than fundamentals.
The paper analyzes the gross capital inflows behavior across 34 emerging markets (EMs). It finds that aggregate inflows to EMs comove considerably, that countries relying more on international funds and global banks are more sensitive to push factors, and that EMs need to closely monitor their lende...
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| Format: | Electronic Resource |
| Language: | English |
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Metro Manila, Philippines
Asian Development Bank
2017.
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| Series: | Economics working papers.
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| Online Access: | https://www.adb.org/publications/push-factors-capital-flows-emerging-markets |