Series: IMF Staff Position Notes
Author(s): Jonathan Ostry , Atish Ghosh , Karl Habermeier , Marcos Chamon , Mahvash Qureshi , and Dennis B. S. Reinhardt
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 19 February 2010
Keywords: Cross country analysis, Capital controls, Capital inflows, Banking sector, Financial crisis, Exchange rate appreciation, Reserves accumulation, Global Financial Crisis 2008-2009, Fiscal policy, Monetary policy
With the global economy beginning to emerge from the financial crisis, capital is flowing back to emerging market countries (EMEs). These flows, and capital mobility more generally, allow countries with limited sav...