Category Archives: Capital Flows

The effect of capital flows composition on output volatility

Posted on March 20, 2013 by Gopakumar

by Pablo Federico; Carlos a Vegh and Guillermo Vuletin WB Policy Research Paper no.6386, March 2013 A large literature has argued that different types of capital flows have different consequences for macroeconomic stability. By distinguishing between foreign direct investment and … Continue reading →

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Risk-On/Risk-Off, Capital Flows, Leverage, and Safe Assets

Posted on February 19, 2013 by Gopakumar

by Robert N. McCauley ADBI Working Ppaer no.405, January 2013 This paper describes the international flow of funds associated with calm and volatile global equity markets. During calm periods, portfolio investment by real money and leveraged investors in advanced countries … Continue reading →

Posted in Capital Flows, Capital Markets, International Finance | Comments Off

International Capital Flows and Development: Financial Openness Matters

Posted on October 15, 2012 by Sivakumar

by Dennis Reinhardt, Luca Antonio Ricci & Thierry Tressel WP No: 11/2012 Does capital flow from rich to poor countries? We revisit the Lucas paradox and explore the role of capital account restrictions in shaping capital flows at various stages … Continue reading →

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Managing Capital Flows in an Economic Community:The Case of ASEAN Capital Account Liberalization

Posted on September 3, 2012 by Gopakumar

by Yung Chul and Shinji Takagi ADBI WP no.378, August 2012 The paper uses the emerging Association of Southeast Asian Nations (ASEAN) Economic Community as a motivation to explore the issue of capital flow management in an economic community. Although … Continue reading →

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MANAGING GLOBAL FINANCIAL FLOWS AT THE COST OF NATIONAL AUTONOMY:China and India

Posted on May 28, 2012 by Gopakumar

by Sunanda Sen ISID Working Paper No. 202/01, March 2012 The narrative as well as an analysis of the global imbalances, as exist in the literature, remain incomplete unless it captures the part of the story which relates to the … Continue reading →

Posted in Capital Flows, China, Global Economy, India | Comments Off

Regional and Global Monetary Cooperation

Posted on February 22, 2012 by Gopakumar

by Mario Lamberte and Peter J. Morgan ADBI Working paper No.346, February 2012 The increasing occurrence of national, regional, and global financial crises, together with their rising costs and complexity, have increased calls for greater regional and global monetary cooperation. … Continue reading →

Posted in Capital Flows, Financial crisis, Global Crisis | Comments Off

Global Capital Flows and the Indian Economy:Opportunities and Challenges

Posted on January 31, 2012 by Gopakumar

by Deepak Mohanty (Speech by Deepak Mohanty, Executive Director, Reserve Bank of India, delivered in Techkriti 2012 at the Indian Institute of Technology (IIT), Kanpur on 28th January 2012. ) Capital flows pose a puzzle both in theory and practice. … Continue reading →

Posted in Capital Flows, Indian Economy, International Finance | Comments Off

Bilateral M&A Activity from the Global South

Posted on January 20, 2012 by Gopakumar

by Mansoor Dailami; Sergio Kurlat and Jamus Jerome Lim WB Policy Research Paper No.5953, January 2012 This paper seeks to examine the factors associated with the ow of M&A investment originating in emerging market economies. cross-border M&A data for rms … Continue reading →

Posted in Capital Flows, Foreign Direct Investment, Mergers & Acquisitions | Comments Off

INTERNATIONAL CAPITAL FLOWS AND HOUSE PRICES:THEORY AND EVIDENCE

Posted on January 16, 2012 by Gopakumar

by Jack  Favilukis; David Kohn; Sydny C. Ludvigson and Stijn V N NBER Working Paper No.17751, January 2012 The last fifteen years have been marked by a dramatic boom-bust cycle in real estate prices, accompanied by economically large fluctuations in … Continue reading →

Posted in Capital Flows, Housing Market, International Economics, International Finance, Regional Economics, Student Achievement, United States | Comments Off

The International Regulatory Regime on Capital Flows and Trade in Services

Posted on January 2, 2012 by Gopakumar

by Federico Lupo Pasini ADBI WP No.338, December, 2011 Capital controls and exchange restrictions are used to restrict international capital flows during economic crises. This paper looks at the legal implications of these restrictions and explores the current international regulatory … Continue reading →

Posted in Capital Flows, Economic crisis, GATS, International trade | Comments Off