This paper examines the implications of the liberalization of capital outflows in China, India, Brazil, and South Africa (CIBS) for other developing countries. It focuses on their prospects of attracting not only foreign direct investment (FDI), but also portfolio capital flows from CIBS. To...

This paper examines the implications of the liberalization of capital outflows in China, India, Brazil, and South Africa (CIBS) for other developing countries. It focuses on their prospects of attracting not only foreign direct investment (FDI), but also portfolio capital flows from CIBS. To...

Intro -- Contents -- List of Figures -- List of Tables -- Preface -- 1. Global Capital Flows to East Asia: Surges and Reversals -- 2. The Role of Mutual funds and Other International Investors in Currency Crises -- 3. International Bank Lending and the East Asian Crisis -- 4. Foreign Capital...