Structural Risks of Foreign Liabilities: Impact of Investment Income Repatriation in Emerging Economies
Анотація
This paper explores the structure of foreign liabilities, the extent of capital repatriation in the form of investment income of foreign investors and its impact in emerging markets. The concept “coverage ratio of foreign investment” is introduced, which is defined as the share of total income repatriated by foreign investors in the respective cumulative inflows of the financial account. The impact of foreign investors’ returns onto external imbalances in emerging economies is studied empirically. The tendency of growing role of the investment income balance in the formation of the current account balance reveals new threats for the emerging economies.
Класифікація
Ідентифікатори
Рецензії (0)
Написати рецензіюРецензій ще немає. Будьте першим!
Схожі роботи
ASSESSMENT OF THE CONNECTION BETWEEN THE BANK'S CAPITALIZATION LEVEL AND THE COUNTRY'S MACROECONOMIC STABILITY
Схоже за: Global Financial Crisis and Policies · Banking stability, regulation, efficiency · Monetary Policy and Economic Impact
ASSESSMENT OF THE DEPOSIT PORTFOLIO MANAGEMENT OF A COMMERCIAL BANK ON THE EXAMPLE OF OTP BANK JSC
Схоже за: Global Financial Crisis and Policies · Banking stability, regulation, efficiency · Monetary Policy and Economic Impact
CREDIT AND QUANTITATIVE EASING IN THE MONETARY REGULATION SYSTEM IN THE CONDITIONS OF GLOBAL INSTABILITY: THE DEVELOPED COUNTRIES' EXPERIENCE
Схоже за: Global Financial Crisis and Policies · Banking stability, regulation, efficiency · Monetary Policy and Economic Impact
FINANCIAL INSTABILITY THEORY IN THE SCIENTIFIC TOOLS OF THE MODERN MACROECONOMI
Схоже за: Global Financial Crisis and Policies · Banking stability, regulation, efficiency · Monetary Policy and Economic Impact
Central Banks and Policy Communication: How Emerging Markets have Outperformed the Fed and ECB
Схоже за: Global Financial Crisis and Policies · Banking stability, regulation, efficiency · Monetary Policy and Economic Impact
Will the proposed regulatory reforms by the Basel committee improve economic performance in emerging economies? An empirical application to Egypt and Ukraine
Схоже за: Global Financial Crisis and Policies · Banking stability, regulation, efficiency · Monetary Policy and Economic Impact