An analysis of the failure of neoliberal market reforms in producing sustained growth in emerging markets. Focuses on problems with weak accountability institutions, and collusion between government and business, political patronage, and corruption - Provided by publisher

Foreign portfolio flows constitute a key component of economic activity in small open economies such as Colombia. The dynamics of these flows are subject to the influence of both external (push) factors and domestic (pull) factors. Consequently, economic crises and episodes of financial distress...