Building on the vast literature, this paper focuses on the role of the structure of the
international investment position (IIP) in affecting countries' external vulnerabilities. Using a …

The ramifications of the Global Financial Crisis, which erupted in 2007, continue to surprise
not only the general public but also finance professionals, economists, and journalists …

We use the two‐way fixed‐effect panel logit model to examine the impact of US economic
uncertainty shocks on the probability of extreme capital flow episodes based on quarterly …

Desde 1998 Chile ha venido acusando una desaceleración importante de su crecimiento
económico. El pobre desempeño reciente de la economía chilena es atribuible a la …

In emerging economies, sudden stops of capital inflows boost the collapse of stock and
exchange rate markets and plunge countries into unemployment, loss of production, and …

South Africa has a very well-developed financial sector and high reliance on capital flows.
The country saw large capital outflows as the Covid-19 crisis developed, accompanied by a …

We analyze how reversals of several types of capital flows impact currency crises in
emerging market and developing economies. Estimates of logit models show that reversals …

Purpose This paper empirically tests the impact of capital sudden stops on the economic
growth using quarterly data from 49 emerging economies. Design/methodology/approach …

Since 1998, Chile has been experiencing a significant slowdown in its economic growth.
The Chilean economy's recent poor performance is attributable to a halt in productive and …

This paper empirically examines the heterogeneous impacts of sudden stops in international
capital flows on economic growth. We identified 24 sudden stop episodes since 1990 and …