Developing countries fortunate enough to experience capital inflows haveseen rising levels of investment and enhanced … exports less competitive, and to encourageinflation. One defense against these destabilizing effects is to sterilize capital …

This year's capital markets report provides a comprehensive survey of recent developments and trends in the advanced … and emerging capital markets, focusing on financial market behavior during the Asian crisis, policy lessons for dealing … with volatility in capital flows, banking sector developments in the advanced and emerging markets, initiatives in banking …

focuses on financial globalization, including the policy implications of the huge growth in cross-border capital flows …

This paper provides a description and analysis of recent developments in international capital markets and an …

hypothesis of capital mobility to be explicitly tested. The empirical analysis suggests that on average developing countries tend … to exhibit a high degree of capital mobility …

highlighted the importance of dedicated macroprudential and capital flow management policies. The IMF has been assisting its … extent that capital flows are the source of systemic financial sector risks, the tools used to address those risks can be … seen as both capital flow management measures (CFMs) and macroprudential measures (MPMs) …