Publication
Feb 2007
This paper discusses the international capital flows in the context of a globalized world. It argues that volatile international capital flows are once again becoming a problem for emerging market economies. It suggests that these economies would be in a stronger position to manage the capital flows if the "international financial architecture" instruments that surround these flows were strengthened and willing to endorse short-term capital inflow controls and improve international crisis management measures.
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English (PDF, 24 pages, 153 KB) |
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Author | Stephen Grenville |
Series | Lowy Institute Perspectives |
Publisher | Lowy Institute for International Policy |
Copyright | © 2007 Lowy Institute for International Policy |