Publication:
Dealing with the Challenges of Capital Inflows in the Context of Macrofinancial Links

dc.contributor.authorGhosh, Swati R
dc.date.accessioned2012-08-13T10:38:37Z
dc.date.available2012-08-13T10:38:37Z
dc.date.issued2010-06
dc.description.abstractIn the wake of the recent global financial crisis, emerging markets have seen a significantly higher degree of volatility in their capital flows. At the onset, all countries experienced sudden stops and increases in risk premia. Following this initial period of uncertainty, financial markets began to differentiate between the countries, and while most developing regions have regained access to both, debt and equity issuance, the pace of recovery of capital inflows has been particularly remarkable for some countries. Given the likelihood that the prevailing low interest rates in the developed world will remain for some time to come, and given the prospects of faster growth in emerging markets, it is likely that some emerging markets will experience significant surges in capital flows in the near future. This note examines potential policy responses to maintain macroeconomic and financial sector stability in the face of increased capital inflows.en
dc.identifierhttp://documents.worldbank.org/curated/en/2010/06/12464135/dealing-challenges-capital-inflows-context-macrofinancial-links
dc.identifier.doi10.1596/10177
dc.identifier.urihttps://hdl.handle.net/10986/10177
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesEconomic Premise; No. 19
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectADVANCED COUNTRIES
dc.subjectADVANCED ECONOMIES
dc.subjectAGGREGATE DEMAND
dc.subjectASSET CLASSES
dc.subjectASSET PRICE
dc.subjectASSET PRICES
dc.subjectASSETS
dc.subjectBALANCE SHEET
dc.subjectBALANCE SHEETS
dc.subjectBANK CREDIT
dc.subjectBANK FOR INTERNATIONAL SETTLEMENTS
dc.subjectBANK LENDING
dc.subjectBANK PORTFOLIOS
dc.subjectBANK PROFITABILITY
dc.subjectBANK REGULATION
dc.subjectBANKING SECTOR
dc.subjectBANKING SYSTEM
dc.subjectBANKING SYSTEMS
dc.subjectBOND
dc.subjectBOND MARKET
dc.subjectBONDS
dc.subjectCAPITAL ACCOUNT
dc.subjectCAPITAL ADEQUACY
dc.subjectCAPITAL CONTROLS
dc.subjectCAPITAL FLOW
dc.subjectCAPITAL FLOWS
dc.subjectCAPITAL INFLOW
dc.subjectCAPITAL INFLOWS
dc.subjectCAPITAL MOBILITY
dc.subjectCAPITAL RATIOS
dc.subjectCAPITAL REQUIREMENTS
dc.subjectCENTRAL BANK
dc.subjectCENTRAL BANKING
dc.subjectCERTIFICATES OF DEPOSIT
dc.subjectCOLLATERAL
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMERCIAL PAPER
dc.subjectCOMPETITIVENESS
dc.subjectCREDIBILITY
dc.subjectCREDIT BOOMS
dc.subjectCREDIT EXPANSION
dc.subjectCURRENT ACCOUNT
dc.subjectCURRENT ACCOUNT IMBALANCES
dc.subjectDEBT
dc.subjectDEMAND GROWTH
dc.subjectDEPOSIT
dc.subjectDEPOSITS
dc.subjectDEVELOPING COUNTRIES
dc.subjectDOMESTIC BANKS
dc.subjectDOMESTIC ECONOMY
dc.subjectDOMESTIC INTEREST RATES
dc.subjectECONOMIC CRISIS
dc.subjectECONOMIC REVIEW
dc.subjectEMERGING ECONOMIES
dc.subjectEMERGING MARKETS
dc.subjectEMPIRICAL EVIDENCE
dc.subjectEQUILIBRIUM
dc.subjectEQUILIBRIUM CONDITIONS
dc.subjectEQUITY ISSUANCE
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATE APPRECIATION
dc.subjectEXCHANGE RATE LEVEL
dc.subjectEXCHANGE RATE PEG
dc.subjectEXCHANGE RATE REGIME
dc.subjectEXCHANGE RATE TARGETS
dc.subjectEXPENDITURES
dc.subjectEXPORT GROWTH
dc.subjectEXPOSURE
dc.subjectEXPOSURES
dc.subjectEXTERNAL BORROWING
dc.subjectFEDERAL RESERVE
dc.subjectFEDERAL RESERVE BANK
dc.subjectFEDERAL RESERVE BANK OF NEW YORK
dc.subjectFINANCIAL CONSTRAINTS
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL INNOVATION
dc.subjectFINANCIAL INSTABILITY
dc.subjectFINANCIAL INSTITUTION
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL MARKET
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL REFORM
dc.subjectFINANCIAL REGULATION
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SECTOR STABILITY
dc.subjectFINANCIAL STABILITY
dc.subjectFINANCIAL SYSTEM
dc.subjectFISCAL POLICY
dc.subjectFIXED EXCHANGE RATE
dc.subjectFIXED EXCHANGE RATE REGIME
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN CURRENCY BORROWING
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN EXCHANGE MARKET
dc.subjectFOREIGN INTEREST
dc.subjectFOREIGN INTEREST RATES
dc.subjectGLOBAL LIQUIDITY
dc.subjectGLOBAL TRADE
dc.subjectGLOBALIZATION
dc.subjectGROWTH VOLATILITY
dc.subjectHOLDINGS
dc.subjectIMPORT
dc.subjectINCOME
dc.subjectINFLATION
dc.subjectINFLATIONARY PRESSURES
dc.subjectINTEREST RATE
dc.subjectINTEREST RATE DIFFERENTIALS
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL LENDING
dc.subjectINTERNATIONAL SETTLEMENTS
dc.subjectINVESTMENT RISK
dc.subjectLEVERAGE
dc.subjectLIABILITY
dc.subjectLIABILITY SIDE
dc.subjectLIBERALIZATION
dc.subjectLIBERALIZATIONS
dc.subjectLIQUIDITY
dc.subjectLIQUIDITY CONDITIONS
dc.subjectLOAN
dc.subjectLOCAL MARKETS
dc.subjectLOSS OF COMPETITIVENESS
dc.subjectMACROECONOMIC CONDITIONS
dc.subjectMACROECONOMIC MANAGEMENT
dc.subjectMACROECONOMIC OBJECTIVES
dc.subjectMACROECONOMIC POLICIES
dc.subjectMACROECONOMIC POLICY
dc.subjectMACROECONOMIC VOLATILITY
dc.subjectMARKET INTEREST
dc.subjectMARKET INTEREST RATE
dc.subjectMARKET LIQUIDITY
dc.subjectMARKET PARTICIPANTS
dc.subjectMATURITY
dc.subjectMATURITY MISMATCHES
dc.subjectMONETARY POLICY
dc.subjectMONETARY TRANSMISSION
dc.subjectMONEY SUPPLY
dc.subjectMULTILATERAL TRADE
dc.subjectNOMINAL EXCHANGE RATE
dc.subjectOPEN MARKET
dc.subjectOPEN MARKET OPERATIONS
dc.subjectOUTPUT
dc.subjectOUTPUT LOSSES
dc.subjectPOLICY OPTIONS
dc.subjectPOLICY RESPONSES
dc.subjectPOVERTY REDUCTION
dc.subjectPRICE INFLATION
dc.subjectPRIVATE CAPITAL
dc.subjectPRIVATE SECTOR
dc.subjectPRODUCTIVE INVESTMENTS
dc.subjectPRUDENTIAL REGULATION
dc.subjectPRUDENTIAL REGULATIONS
dc.subjectRAPID EXPORT GROWTH
dc.subjectREAL ESTATE
dc.subjectREAL ESTATE LENDING
dc.subjectREGULATORS
dc.subjectREGULATORY FRAMEWORKS
dc.subjectREGULATORY STRUCTURES
dc.subjectRESERVE
dc.subjectRESERVE MONEY
dc.subjectRESERVES
dc.subjectRETURN
dc.subjectRETURNS
dc.subjectRISK PREMIA
dc.subjectRISK TAKING
dc.subjectRISK TOLERANCE
dc.subjectRISK-TAKING CAPACITY
dc.subjectSAVINGS
dc.subjectSTOCK MARKET
dc.subjectSURCHARGES
dc.subjectSYSTEMIC RISK
dc.subjectTIGHT MONETARY POLICY
dc.subjectTRADE FLOWS
dc.subjectTRADE POLICY
dc.subjectTRADING
dc.subjectTRADING PARTNERS
dc.subjectTRANQUIL PERIODS
dc.subjectTRANSACTION
dc.subjectTRANSPARENCY
dc.subjectUNCERTAINTY
dc.subjectUPWARD PRESSURE
dc.subjectWORLD ECONOMY
dc.titleDealing with the Challenges of Capital Inflows in the Context of Macrofinancial Linksen
dspace.entity.typePublication
okr.date.doiregistration2025-04-29T10:16:38.310112Z
okr.doctypePublications & Research::Brief
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2010/06/12464135/dealing-challenges-capital-inflows-context-macrofinancial-links
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid216701468170060953
okr.identifier.externaldocumentum000333037_20100624013927
okr.identifier.internaldocumentum12464135
okr.identifier.report55266
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2010/06/24/000333037_20100624013927/Rendered/PDF/552660BRI0EP190Box349443B01PUBLIC1.pdfen
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicBanks and Banking Reform
okr.topicPrivate Sector Development::Emerging Markets
okr.topicFinance and Financial Sector Development::Currencies and Exchange Rates
okr.topicMacroeconomics and Economic Growth::Macroeconomic Management
okr.unitMacroeconomics 2 (ECSP2)
okr.volume1 of 1
Files
Original bundle
Now showing 1 - 2 of 2
Loading...
Thumbnail Image
Name:
552660BRI0EP190Box349443B01PUBLIC1.pdf
Size:
2.12 MB
Format:
Adobe Portable Document Format
No Thumbnail Available
Name:
552660BRI0EP190Box349443B01PUBLIC1.txt
Size:
34.05 KB
Format:
Plain Text
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Collections