Recent changes in technology, along with the opening up of many regions previously closed to investment, have led to explosive growth in the international movem
This paper presents a new measure of capital flow pressures in the form of a recast Exchange Market Pressure index. The measure captures pressures that material
America's international economic decisions rest to a large degree on the information available to policymakers. Yet the quality of international trade and finan
A comprehensive examination of policy measures intended to help emerging markets contend with large and volatile capital flows. While always episodic in nature,