Portfolio Investment in Emerging Markets: More Than Just Ebb and Flow

From iMFdirect - The IMF Blog Fri Nov 7 2014, 22:11:49

By Evan Papageorgiou When the U.S. Federal Reserve first mentioned in 2013 the prospect of a cutback in its bond buying program, markets had a "taper tantrum." Many emerging markets saw large increases in volatility, even though outflows from their domestic markets were small and short-lived. Now the Fed has ended its bond buying and [...]

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