Managing Volatile Capital Flows: Experiences and Lessons for Sub-Saharan African Frontier Markets
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Summary:
During the past three years the frontier markets of sub-Saharan Africa have received growing amounts of portfolio capital flows, with heightened interest from foreign investors. Compared with foreign direct investment, portfolio capital flows tend to be more volatile, and thus pose challenges for sub-Saharan African frontier markets. This study examines the evolution of capital flows since 2010 and discusses the policies these countries have designed to reduce risks from the inherent volatility of these flows.
Series:
Departmental Paper No. 2014/002
Subject:
Balance of payments Capital flows Capital inflows Emerging and frontier financial markets Financial markets Foreign direct investment Private capital flows
English
Publication Date:
March 26, 2014
ISBN/ISSN:
9781616358440/2616-5333
Stock No:
MVCFEA
Pages:
39
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