Source: Global Financial Stability Report, October 2007 : Financial Market Turbulence Causes, Consequences, and Policies
Series: Global Financial Stability Report
Author(s): International Monetary Fund. Monetary and Capital Markets Department
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 October 2007
Keywords: capital inflows, hedge funds, hedge, risk management, financial stability
The recent surge in capital flows to emerging market economies has stirred an intense debate about the appropriate policy response to this development. On the one hand, capital inflows are welcome because th...