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  • CAPITAL FLOWS, FINANCIAL MARKETS AND BANKING CRISES
    ebook
    CAPITAL FLOWS, FINANCIAL MARKETS AND BANKING CRISES
    CHIA-YING CHANG
    The increasing capital flows in the emerging markets and developed countries have raised various concerns worldwide. One main concern is the impact of the sharp decline of capital flows – so-called sudden stops – on financial markets and the stability of banking systems and the economy. The sudden stops and banking crises have been identified as the two main features of most fi...

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