Revisiting the Determinants of Capital Flows to Emerging Markets--A Survey of the Evolving Literature

Author/Editor:

Swarnali Ahmed Hannan

Publication Date:

September 28, 2018

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary:

This paper documents the evolution of gross and net capital flows to emerging market economies and surveys the large literature on the potential drivers. While the capital flow landscape has been shaped by the evolution of both global and country-specific factors, the relative importance of these factors has varied over time and differs depending on the type of capital flows. The findings from the survey of the literature thus underscores the importance of policies in both source and recipient countries in shaping capital flows.

Series:

Working Paper No. 18/214

Subject:

English

Publication Date:

September 28, 2018

ISBN/ISSN:

9781484378281/1018-5941

Stock No:

WPIEA2018214

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

22

Please address any questions about this title to publications@imf.org