SenGupta, Abhijit; Sengupta, Rajeswari - Indira Gandhi Institute of Development Research (IGIDR) - 2014
Gross capital in ows and out ows to and from emerging market economies (EMEs) have witnessed a signilcant increase since early 2000s. This rapid increase in the volume of ows accompanied by sharp swings in volatility has ampliled the complexity of macroeconomic management in EMEs. While capital...