Growth and Development in Emerging Market Economies : International Private Capital Flows, Financial Markets and Globalization (Paperback)

This compilation helps understand the basic forces that are now determining the performance and prospects of emerging market economies (EMEs) around the world. In the past few years, there has been a sharp rise in private capital flows to well performing developing countries, commonly referred to as EMEs. With a drop in net transfers from official sources, the private capital flows in these countries now dwarf official flows.
Growth and Development in Emerging Market Economies: International Private Capital Flows, Financial Markets and Globalization encapsulates in one volume the understanding of the interrelated topics of global imbalances, finance, investment, trade, and infrastructure. Such an assemblage is difficult to find in the existing literature in this field. Many chapters discuss the situations in Asia and Latin America, drawing parallels and pointing out contrasts.
The papers in this collection were discussed at the Emerging Markets Forum meeting held in Jakarta, Indonesia in September 2006. The contributors include highly experienced former policy makers and senior officials of multilateral institutions who have lifelong experience in policy formulation at the highest level. The collection would be of value to policy makers in developing countries, officials of multilateral development institutions and researchers and academicians in the field of EMEs.

About Author :
Harinder S. Kohli is a Founding Director and Chief Executive of the Emerging Markets Forum. He is also the President and Chief Executive Officer of the Centennial Group.

Contents :
List of Tables
List of Figures and Boxes
List of Abbreviations
Foreword
Preface
1. Introduction and Overview
2. Global Imbalances, Oil Revenues and Capital Flows to Emerging Market Countries
3. Private Capital Flows to Emerging Market Economies: Major Drivers, Recent Developments and Key Issues
4. Outward Foreign Direct Investment from Emerging Economies: New Players in the World Economy?
5. Outward Foreign Direct Investment from India
6. Building National and Regional Financial Markets: The East Asian Experience
7. Financial Markets in Latin America
8. Latin American and East Asian Trade Strategies
9. Building Asia's Infrastructure: Issues and Options
10. Infrastructure Development and Services in Selected Emerging Market and OECD Countries: Key Indicators
About the Editor and Contributors
Index