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Essay's paper info
| Topic: |
Miscellaneous
|
| Number of pages / Number of words: |
12 / 3100 |
Essay's paper body
The early 1990s saw the dramatic increase in the flows of private capital from the industrial
countries to the emerging countries. This was partly contributed by pension funds from the United States and Europe in search
for higher returns overseas. The amount of private capital flowing into emerging markets was US$50 billion in 1990; the figure
was US$336 billion in 1996...
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The amount of private capital flowing into emerging markets was US$50 billion in 1990; the figure
was US$336 billion in 1996. With greater international capital flows, financial markets become more volatile as money moves
across borders with a mere keystroke of a computer. The unusual successful economic performance in the region attracted
large inflows of foreign portfolio funds into the Asia Pacific region, which became a root cause for the currency crisis...
Essay fragment
General points of the essay
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