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来源类型 | Papers |
规范类型 | 论文 |
来源ID | New Thinking and the New G20 Paper No. 9 |
Capital Flows and Capital Account Management in Selected Asian Economies | |
Rajeswari Sengupta; Abhijit Sen Gupta | |
发表日期 | 2015-04-02 |
出版年 | 2015 |
语种 | 英语 |
摘要 | Gross capital inflows and outflows to and from emerging market economies have witnessed a significant increase since the early 2000s. This rapid increase in the volume of flows, accompanied by sharp swings in volatility, has amplified the complexity of macroeconomic management in emerging economies. This paper focuses on capital flows in selected emerging Asian economies, analyzing surge and stop episodes as well as changes in the composition of flows across these episodes, then evaluating the policy measures undertaken by these economies in response to the surge and stop of capital flows. This kind of analysis is highly relevant, especially at a time when emerging economies around the world are facing the repercussions of a potential monetary policy normalization in the United States and continuing quantitative easing measures by the European Central Bank, either of which could once again heighten the volatility of cross-border capital flows, thereby posing renewed macroeconomic challenges for major EMEs. |
主题 | Summits & Institutions ; Trade & Finance |
URL | https://www.cigionline.org/publications/capital-flows-and-capital-account-management-selected-asian-economies |
来源智库 | Centre for International Governance Innovation (Canada) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/180493 |
推荐引用方式 GB/T 7714 | Rajeswari Sengupta,Abhijit Sen Gupta. Capital Flows and Capital Account Management in Selected Asian Economies. 2015. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
new_thinking_g20_no9(4084KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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