Asia As a Source of Capital
Rabin Hattari
Chapter 2 in Emerging Asia, 2011, pp 9-16 from Palgrave Macmillan
Abstract:
Abstract Moving beyond the immediate concerns of the global financial crisis (GFC) of 2008–09, on a more structural basis, there is an interesting fact about capital flows to emerging Asia which is often overlooked but which is of significant relevance to Asia and the global economy. As discussed in Chapter 1, between 2003 and 2006, while net private capital inflows returned to Asia, their levels remained below those of the pre-crisis period (1990–96) average, primarily because of a relative slowdown in the net foreign portfolio inflows in the post-crisis period compared to the pre-crisis. What was the reason for this relatively disappointing performance in net capital flows to emerging Asia as a whole?
Keywords: United States; Central Bank; Crisis Period; Agency Bond; Emerge Market Economy (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-0-230-30627-1_2
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DOI: 10.1057/9780230306271_2
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