| 06 February 2007

Globalisation and capital flows

In this Lowy Institute Perspective, Stephen Grenville argues that volatile international capital flows are once again becoming a problem for emerging market economies.These countries would be in a stronger position to manage these flows if the “international financial architecture” – the rules, procedures and understandings that surround international financial flows – were strengthened to endorse Chilean-style short-term capital inflow controls, and to improve the international crisis management measures.Stephen Grenville

  • Stephen Grenville

In this Lowy Institute Perspective, Stephen Grenville argues that volatile international capital flows are once again becoming a problem for emerging market economies.These countries would be in a stronger position to manage these flows if the “international financial architecture” – the rules, procedures and understandings that surround international financial flows – were strengthened to endorse Chilean-style short-term capital inflow controls, and to improve the international crisis management measures.Stephen Grenville

  • Stephen Grenville