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dc.contributor.authorNunnenkamp, Peteren
dc.date.accessioned2009-01-28T14:13:48Z-
dc.date.available2009-01-28T14:13:48Z-
dc.date.issued1998-
dc.identifier.citation|nInstitut für Weltwirtschaft (IfW) |lKiel |y1998en
dc.identifier.urihttp://hdl.handle.net/10419/1005-
dc.description.abstractPoliticians in Asia and some economists contend that developing countries are at the mercy of the rapidly changing winds blowing from international capital markets. We are indeed witnessing another episode of volatility in capital flows, with foreign investors suddenly fleeing emerging markets in Asia. However, speculative attacks are a symptom, rather than the cause of financial turbulences and currency crises in developing countries. In the era of globalization, policy consistency and government credibility have become still more important for sustaining external financing. South Asia would be ill - advised to forgo the benefits of capital inflows in order to avoid the risk of subsequent outflows. Rather, South Asian governments should not repeat the economic policy failures that are underlying the recent crises in Latin America and East Asia.en
dc.language.isoengen
dc.publisher|aKiel Institute of World Economics (IfW) |cKielen
dc.relation.ispartofseries|aKiel Working Paper |x853en
dc.subject.jelF20en
dc.subject.jelF43en
dc.subject.ddc330en
dc.subject.stwInternationale Kapitalmobilitäten
dc.subject.stwDirektinvestitionen
dc.subject.stwEntwicklungskonvergenzen
dc.subject.stwWirtschaftspolitiken
dc.subject.stwWährungspolitiken
dc.subject.stwGlaubwürdigkeiten
dc.subject.stwInstitutionalismusen
dc.subject.stwEntwicklungsländeren
dc.subject.stwSüdasienen
dc.titleBoom and bust in capital flows to developing countries: what South Asia can learn from recent financial crises-
dc.typeWorking Paperen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:ifwkwp:853en
dc.identifier.printppn243472978en
dc.date.issuedonline2009en
dc.publisher.online|aZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft |cKiel, Hamburgen
econstor.documentversionDigitized Versionen
econstor.citation.publisherInstitut für Weltwirtschaft (IfW)en
econstor.citation.publisherplaceKielen
econstor.citation.year1998en

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