The volume of capital flows between industrial and developing countries has grown dramatically in the past decade and has become a major issue in a world that i

Recent changes in technology, along with the opening up of many regions previously closed to investment, have led to explosive growth in the international movem

This book discusses the risks and opportunities that arise in Emerging Asia given the context of a new environment in global liquidity and capital flows. It ela

Private portfolio flows to a country tend to rise in response to an increase in the current account deficit, a rise in foreign direct investment flows, higher p

This volume explores East Asia's macroeconomic experience in the 1980s and the economic impact of East Asia's growth on the rest of the world. The authors explo