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On the International Financial Architecture: Insuring Emerging Markets

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NBER2003-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w9570
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In spite of significant institutional and macroeconomic reforms over the last decade or two, capital flows to developing economies remain highly volatile. In 1996, net private capital flows to emerging markets reached US$230 billions; by 1997 these flows had been cut in half; by 1998 halved again;
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2003-03-01
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