This book examines the dynamics in capital flows, credit markets and growth in South Africa. The authors explore the role of global economic growth, policy shif
We document the behavior of macro and credit variables during episodes of capital inflows reversals in economies with different degrees of exchange rate flexibi
During the past three years the frontier markets of sub-Saharan Africa have received growing amounts of portfolio capital flows, with heightened interest from f
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
“The crisis has deeply impacted virtually every economy in the world, and although growth has returned, much progress in the fight against poverty has bee