... implies a greater role for investors whose sensitivity to currency risk can make capital flows more volatile—reintroducing the problem in a different guise, as original sin redux. F34 G15 H63 Emerging market economies sovereign bonds international lending international financial markets foreign...

... the population of publicly listed manufacturing companies in an Emerging Market Economy, Brazil over the period 2011–2016. Our results confirm the potentially negative impact of financialisation on intangible assets through the crowding-out channel, that is, firm’s increased tendency to hold financial...

... intense linkages to global value chains, but proactive industrial policies at the levels of EME and DE are required to achieve such expansion. Developing economies Emerging market economies Industrial policy Premature deindustrialisation Global value chains The adjectives ‘developed...

... ( https://dbpia.nl.go.kr/pages/standard-publication-reuse-rights ) Abstract The literature often portrays emerging market economies as helpless victims of international financialisation. Based on evidence from central banks, international organisations and finance associations, this paper shows how...

...This chapter compares the process of building fiscal capacity in postcommunist Poland and Russia using two test cases provided by international finance. The first is the financial run on emerging market economies that struck Eastern Europe in 1998; the second is the bubble burst on a series...

...Although the Federal Reserve has stopped routinely intervening in the foreign-exchange market, other central banks have continued to do so. The Great Recession piqued interest in foreign-exchange operations especially among many emerging-market economies. In this epilogue, we describe five recent...

...This chapter explores the effects of creating a corporate bond market in emerging market economies on the efficiency of capital allocation. It argues that creating a corporate bond market and decoupling the banking sector from public finances reduces the fragility of the banking sector and shields...

...This chapter examines the state of fiscal accounts in advanced and emerging market economies from the postwar period until the outburst of the 2007 financial crisis, revealing some early symptoms of fiscal profligacy that eventually degenerated into fiscal stress. In G7 countries, general...

... economies (EMEs), but little progress has been made between the advanced economies and the EMEs. Basel Committee on Banking Supervision Emerging market economies EMEs Financial crisis of 2007–2009 Financial stability Financial Stability Board FSB International monetary and financial system IMFS...

...This chapter examines the impact of the financial policies of industrial countries on the financial crises in emerging market economies. It analyzes the macroeconomic policies of the Group of Seven (G7) countries and the role of the G7 and the International Monetary Fund (IMF) in the management...

...This chapter examines the role of credit relations and of the private sector in resolving financial crises in emerging market economies. It suggests that the most relevant approach in keeping with an understanding of today's international capital markets is one that seeks to involve private...

... of crisis non european advanced economies Australian economy impact of crisis Japanese economy impact of crisis credit default swaps CDS great recession emerging market economies G-20 economies advanced economies international coordination of fiscal policies fiscal policy fiscal balance current...

...This chapter examines the drivers of exceptionally large net capital flows—surges—to emerging market economies. Most surges to emerging markets are driven by foreign investors rather than by retrenchment of domestic residents liquidating their investments abroad. Moreover, while both domestic...

... and currency crises in emerging market economies. It discusses the lessons that can be learned from the crises of the 1970s to the 1990s and identifies strategies for reducing the risk of recurrent crises in emerging market economies. This chapter also analyzes how potential future crises can be managed...

...This chapter examines the role of structural policies in International Monetary Fund (IMF) supported adjustment programs on financial crises in emerging market economies. Structural policies are those aimed at reducing or dismantling government-imposed distortions such as trade liberalization...

...This chapter examines the extent to which large public debts will adversely affect investment, productivity, and growth. Drawing on data from a panel of advanced and emerging market economies in the period from 1970 to 2008, it shows that initial debt is inversely related to subsequent growth...

..., specializing in the economic analysis of Latin American economies and the design of public policies. This chapter shows that the Russian 1998 crisis had a big impact on capital flows to Emerging Market Economies (EMEs), especially in Latin America, and that the impact of the Russian shock differs quite...

..., Pornpinun Chantapacdepong and Matthias Helble, Oxford University Press (2019). © Oxford University Press.DOI: 10.1093/oso/9780198838104.003.0012 This chapter explores the impact of advanced countries’ quantitative easing on emerging market economies (EMEs) and how macroprudential policy and good governance...

... in Asia, comparing change in the coordinated market economy (CME) in Japan and the state-led market economy (SME) in Singapore. The chapter rounds up with a section on postal reform in emerging market economies in the Latin American context, which illustrates that the reform recipes developed in mature...