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A potentially important side effect of quantitative easing(QE) by the United States (US) Federal Reserve System (the Fed) is the expansion of capital flows into developing countries. As a result, there is widespread concern that QE tapering may trigger financial instability in those countries....
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problems, but also on the world economy and expectations. For this reason, the reliance on capital inflows to appreciate the … peso is unsustainable. Given the meager growth of the world economy and trade, globalization is being questioned and …
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