Eichengreen, Barry - 2017
, much of it survives. FDI inflows are more stable than non-FDI inflows. Within non-FDI inflows, portfolio debt and bank …-intermediated flows remain the most volatile. While FDI inflows are driven mainly by pull factors, portfolio debt and equity are driven … outflows from emerging markets behave differently. FDI outflows from emerging markets have grown and become significantly more …