3. Capital Flows to Emerging Markets: Liberalization, Overshooting, and Volatility

Chapters in this book

1. Frontmatter i
2. Contents vii
3. Acknowledgments ix
4. Introduction 1
5. I. Capital Flows to Developing Countries Theoretical Aspects
6. 1. Contagion, Globalization, and the Volatility of Capital Flows 15
7. 2. Fire-Sale FDI 43
8. 3. Capital Flows to Emerging Markets: Liberalization, Overshooting, and Volatility 61
9. II. Cross-Country Evidence
10. 4. What Explains Changing Spreads on Emerging Market Debt? 107
11. 5. Is There a Curse of Location? Spatial Determinants of Capital Flows to Emerging Markets 137
12. 6. Capital Flows and the Behavior of Emerging Market Equity Returns 159
13. III. Capital Flows to Latin America, Asia, and Eastern Europe
14. 7. Capital Flows, Real Exchange Rates, and Capital Controls: Some Latin American Experiences 197
15. 8. Capital Flows in Asia 255
16. 9. Capital Flows to Central and Eastern Europe and the Former Soviet Union 299
17. Contributors 341
18. Author Index 343
19. Subject Index 347