Publication: Dealing with the Challenges of Capital Inflows in the Context of Macrofinancial Links
dc.contributor.author | Ghosh, Swati R | |
dc.date.accessioned | 2012-08-13T10:38:37Z | |
dc.date.available | 2012-08-13T10:38:37Z | |
dc.date.issued | 2010-06 | |
dc.description.abstract | In 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.identifier | http://documents.worldbank.org/curated/en/2010/06/12464135/dealing-challenges-capital-inflows-context-macrofinancial-links | |
dc.identifier.doi | 10.1596/10177 | |
dc.identifier.uri | https://hdl.handle.net/10986/10177 | |
dc.language | English | |
dc.publisher | World Bank, Washington, DC | |
dc.relation.ispartofseries | Economic Premise; No. 19 | |
dc.rights | CC BY 3.0 IGO | |
dc.rights.holder | World Bank | |
dc.rights.uri | http://creativecommons.org/licenses/by/3.0/igo/ | |
dc.subject | ADVANCED COUNTRIES | |
dc.subject | ADVANCED ECONOMIES | |
dc.subject | AGGREGATE DEMAND | |
dc.subject | ASSET CLASSES | |
dc.subject | ASSET PRICE | |
dc.subject | ASSET PRICES | |
dc.subject | ASSETS | |
dc.subject | BALANCE SHEET | |
dc.subject | BALANCE SHEETS | |
dc.subject | BANK CREDIT | |
dc.subject | BANK FOR INTERNATIONAL SETTLEMENTS | |
dc.subject | BANK LENDING | |
dc.subject | BANK PORTFOLIOS | |
dc.subject | BANK PROFITABILITY | |
dc.subject | BANK REGULATION | |
dc.subject | BANKING SECTOR | |
dc.subject | BANKING SYSTEM | |
dc.subject | BANKING SYSTEMS | |
dc.subject | BOND | |
dc.subject | BOND MARKET | |
dc.subject | BONDS | |
dc.subject | CAPITAL ACCOUNT | |
dc.subject | CAPITAL ADEQUACY | |
dc.subject | CAPITAL CONTROLS | |
dc.subject | CAPITAL FLOW | |
dc.subject | CAPITAL FLOWS | |
dc.subject | CAPITAL INFLOW | |
dc.subject | CAPITAL INFLOWS | |
dc.subject | CAPITAL MOBILITY | |
dc.subject | CAPITAL RATIOS | |
dc.subject | CAPITAL REQUIREMENTS | |
dc.subject | CENTRAL BANK | |
dc.subject | CENTRAL BANKING | |
dc.subject | CERTIFICATES OF DEPOSIT | |
dc.subject | COLLATERAL | |
dc.subject | COMMERCIAL BANKS | |
dc.subject | COMMERCIAL PAPER | |
dc.subject | COMPETITIVENESS | |
dc.subject | CREDIBILITY | |
dc.subject | CREDIT BOOMS | |
dc.subject | CREDIT EXPANSION | |
dc.subject | CURRENT ACCOUNT | |
dc.subject | CURRENT ACCOUNT IMBALANCES | |
dc.subject | DEBT | |
dc.subject | DEMAND GROWTH | |
dc.subject | DEPOSIT | |
dc.subject | DEPOSITS | |
dc.subject | DEVELOPING COUNTRIES | |
dc.subject | DOMESTIC BANKS | |
dc.subject | DOMESTIC ECONOMY | |
dc.subject | DOMESTIC INTEREST RATES | |
dc.subject | ECONOMIC CRISIS | |
dc.subject | ECONOMIC REVIEW | |
dc.subject | EMERGING ECONOMIES | |
dc.subject | EMERGING MARKETS | |
dc.subject | EMPIRICAL EVIDENCE | |
dc.subject | EQUILIBRIUM | |
dc.subject | EQUILIBRIUM CONDITIONS | |
dc.subject | EQUITY ISSUANCE | |
dc.subject | EXCHANGE RATE | |
dc.subject | EXCHANGE RATE APPRECIATION | |
dc.subject | EXCHANGE RATE LEVEL | |
dc.subject | EXCHANGE RATE PEG | |
dc.subject | EXCHANGE RATE REGIME | |
dc.subject | EXCHANGE RATE TARGETS | |
dc.subject | EXPENDITURES | |
dc.subject | EXPORT GROWTH | |
dc.subject | EXPOSURE | |
dc.subject | EXPOSURES | |
dc.subject | EXTERNAL BORROWING | |
dc.subject | FEDERAL RESERVE | |
dc.subject | FEDERAL RESERVE BANK | |
dc.subject | FEDERAL RESERVE BANK OF NEW YORK | |
dc.subject | FINANCIAL CONSTRAINTS | |
dc.subject | FINANCIAL CRISIS | |
dc.subject | FINANCIAL INNOVATION | |
dc.subject | FINANCIAL INSTABILITY | |
dc.subject | FINANCIAL INSTITUTION | |
dc.subject | FINANCIAL INSTITUTIONS | |
dc.subject | FINANCIAL MARKET | |
dc.subject | FINANCIAL MARKETS | |
dc.subject | FINANCIAL REFORM | |
dc.subject | FINANCIAL REGULATION | |
dc.subject | FINANCIAL SECTOR | |
dc.subject | FINANCIAL SECTOR STABILITY | |
dc.subject | FINANCIAL STABILITY | |
dc.subject | FINANCIAL SYSTEM | |
dc.subject | FISCAL POLICY | |
dc.subject | FIXED EXCHANGE RATE | |
dc.subject | FIXED EXCHANGE RATE REGIME | |
dc.subject | FOREIGN CURRENCY | |
dc.subject | FOREIGN CURRENCY BORROWING | |
dc.subject | FOREIGN EXCHANGE | |
dc.subject | FOREIGN EXCHANGE MARKET | |
dc.subject | FOREIGN INTEREST | |
dc.subject | FOREIGN INTEREST RATES | |
dc.subject | GLOBAL LIQUIDITY | |
dc.subject | GLOBAL TRADE | |
dc.subject | GLOBALIZATION | |
dc.subject | GROWTH VOLATILITY | |
dc.subject | HOLDINGS | |
dc.subject | IMPORT | |
dc.subject | INCOME | |
dc.subject | INFLATION | |
dc.subject | INFLATIONARY PRESSURES | |
dc.subject | INTEREST RATE | |
dc.subject | INTEREST RATE DIFFERENTIALS | |
dc.subject | INTEREST RATES | |
dc.subject | INTERNATIONAL LENDING | |
dc.subject | INTERNATIONAL SETTLEMENTS | |
dc.subject | INVESTMENT RISK | |
dc.subject | LEVERAGE | |
dc.subject | LIABILITY | |
dc.subject | LIABILITY SIDE | |
dc.subject | LIBERALIZATION | |
dc.subject | LIBERALIZATIONS | |
dc.subject | LIQUIDITY | |
dc.subject | LIQUIDITY CONDITIONS | |
dc.subject | LOAN | |
dc.subject | LOCAL MARKETS | |
dc.subject | LOSS OF COMPETITIVENESS | |
dc.subject | MACROECONOMIC CONDITIONS | |
dc.subject | MACROECONOMIC MANAGEMENT | |
dc.subject | MACROECONOMIC OBJECTIVES | |
dc.subject | MACROECONOMIC POLICIES | |
dc.subject | MACROECONOMIC POLICY | |
dc.subject | MACROECONOMIC VOLATILITY | |
dc.subject | MARKET INTEREST | |
dc.subject | MARKET INTEREST RATE | |
dc.subject | MARKET LIQUIDITY | |
dc.subject | MARKET PARTICIPANTS | |
dc.subject | MATURITY | |
dc.subject | MATURITY MISMATCHES | |
dc.subject | MONETARY POLICY | |
dc.subject | MONETARY TRANSMISSION | |
dc.subject | MONEY SUPPLY | |
dc.subject | MULTILATERAL TRADE | |
dc.subject | NOMINAL EXCHANGE RATE | |
dc.subject | OPEN MARKET | |
dc.subject | OPEN MARKET OPERATIONS | |
dc.subject | OUTPUT | |
dc.subject | OUTPUT LOSSES | |
dc.subject | POLICY OPTIONS | |
dc.subject | POLICY RESPONSES | |
dc.subject | POVERTY REDUCTION | |
dc.subject | PRICE INFLATION | |
dc.subject | PRIVATE CAPITAL | |
dc.subject | PRIVATE SECTOR | |
dc.subject | PRODUCTIVE INVESTMENTS | |
dc.subject | PRUDENTIAL REGULATION | |
dc.subject | PRUDENTIAL REGULATIONS | |
dc.subject | RAPID EXPORT GROWTH | |
dc.subject | REAL ESTATE | |
dc.subject | REAL ESTATE LENDING | |
dc.subject | REGULATORS | |
dc.subject | REGULATORY FRAMEWORKS | |
dc.subject | REGULATORY STRUCTURES | |
dc.subject | RESERVE | |
dc.subject | RESERVE MONEY | |
dc.subject | RESERVES | |
dc.subject | RETURN | |
dc.subject | RETURNS | |
dc.subject | RISK PREMIA | |
dc.subject | RISK TAKING | |
dc.subject | RISK TOLERANCE | |
dc.subject | RISK-TAKING CAPACITY | |
dc.subject | SAVINGS | |
dc.subject | STOCK MARKET | |
dc.subject | SURCHARGES | |
dc.subject | SYSTEMIC RISK | |
dc.subject | TIGHT MONETARY POLICY | |
dc.subject | TRADE FLOWS | |
dc.subject | TRADE POLICY | |
dc.subject | TRADING | |
dc.subject | TRADING PARTNERS | |
dc.subject | TRANQUIL PERIODS | |
dc.subject | TRANSACTION | |
dc.subject | TRANSPARENCY | |
dc.subject | UNCERTAINTY | |
dc.subject | UPWARD PRESSURE | |
dc.subject | WORLD ECONOMY | |
dc.title | Dealing with the Challenges of Capital Inflows in the Context of Macrofinancial Links | en |
dspace.entity.type | Publication | |
okr.date.doiregistration | 2025-04-29T10:16:38.310112Z | |
okr.doctype | Publications & Research::Brief | |
okr.doctype | Publications & Research | |
okr.docurl | http://documents.worldbank.org/curated/en/2010/06/12464135/dealing-challenges-capital-inflows-context-macrofinancial-links | |
okr.globalpractice | Macroeconomics and Fiscal Management | |
okr.globalpractice | Finance and Markets | |
okr.globalpractice | Trade and Competitiveness | |
okr.guid | 216701468170060953 | |
okr.identifier.externaldocumentum | 000333037_20100624013927 | |
okr.identifier.internaldocumentum | 12464135 | |
okr.identifier.report | 55266 | |
okr.language.supported | en | |
okr.pdfurl | http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2010/06/24/000333037_20100624013927/Rendered/PDF/552660BRI0EP190Box349443B01PUBLIC1.pdf | en |
okr.topic | Finance and Financial Sector Development::Debt Markets | |
okr.topic | Banks and Banking Reform | |
okr.topic | Private Sector Development::Emerging Markets | |
okr.topic | Finance and Financial Sector Development::Currencies and Exchange Rates | |
okr.topic | Macroeconomics and Economic Growth::Macroeconomic Management | |
okr.unit | Macroeconomics 2 (ECSP2) | |
okr.volume | 1 of 1 |
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