A comprehensive examination of policy measures intended to help emerging markets contend with large and volatile capital flows. While always episodic in nature,

The volatility of capital flows to emerging markets continues to pose challenges to policymakers. In this paper, we propose a new framework to answer critical p

This paper assesses empirically the key drivers of private capital flows to a large sample of emerging market economies in the last decade. It analyzes the effe

Inequality has drastically increased in many countries around the globe over the past three decades. The widening gap between the very rich and everyone else is