International Capital Mobility and Financial Fragility ‑ Part 4. Which Structural Policies Stabilise Capital Flows When Investors Suddenly Change Their Mind?: Evidence from Bilateral Bank Data
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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The global financial crisis of 2007-09 and the ensuing sovereign debt crisis in Europe provide
evidence that portfolio rebalancing of financial investors can contribute to spread financial turmoil across
countries. Rebalancing of portfolios, in turn, may be driven by the need to meet liquidity or capital
requirements, or by sudden changes in...
