Makrem, Ben Doudou - In: Atlantic review of economics : AROE 2 (2014)
and capital flow volatility is the factor that creates a climate conducive to the emergence of the crisis in the USA and … led to its spread to the rest of the world. On the theoretical side, we show that capital flows to the United States in … financial integration can lead to financial crises by increasing the volatility of capital flows. …
