1
حسابداری و مالی::
جریان سرمایه
THE PREVIOUS CHAPTER focused on the external, global drivers of crossborder capital flows and the risk of excessive lending that leads to payments crises.
Here the focus shifts to the risks at country level - at the receiving end of cross-border capital flows.
It has followed the evolution of the size and composition of international capital flows, features of global crises (see Chapter 3) and the understanding of the economic development process.
Capital flows as crisis triggers
FIG 4.2 Country rankings: capital flow and output volatility
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