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Explore strategies to manage capital flows in developing countries, including capital account surplus, current account, and reserve changes. Learn ways to handle capital inflows and outflows effectively. Understand the impact of indices like EMBI and IFCG in international finance.
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Chapter 24 Crises in Emerging Markets
Figure 24.1 Flows to Developing Countries Capital Account Surplus, Current Account, and Change in Reserves
Figure 24.4 Emerging Market Bond Index (EMBI) and International Finance Corporation Global Equity (IFCG) Indices