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According to conventional wisdom, capital flows are fickle. Focusing on emerging markets, this paper asks whether this conventional wisdom still holds in the contemporary world. The results show that...
Document Type: Policy Research Working PaperReport No.: WPS7972Document Date: February 15, 2017Disclosure Status: DisclosedAuthor: Eichengreen,Barry J.,Gupta,Poonam - DECOS,Masetti,Oliver