Capital Flows to Developing Countries Since the Asian Crisis: How to Manage their volatility?
Capital Flows to Developing Countires Since the Asian Crisis: How to Manage their volatility?
Development and Finance
The project intends to fill the gaps in knowledge in two related areas: 1) what determines decisions by lenders/investors to enter or withdraw from individual developing countries? 2) what are the policy implications for macroeconomic and financial regulation policies of volatile and reversible capital flows? The project will consist of two parts: 1) analysis of new trends in the supply of different categories of capital flows since the Asian crisis and 2) evaluation of national policies to reduce both the volatility of capital flows and its' negative domestic impact.