The dog that didn't bite: Sudden Stops in Emerging and Developing Economies during COVID-19

Despite an initial reversal of capital inflows, the COVID-19 pandemic resulted in relatively mild impacts on net capital flows to Emerging and Developing Economies. In contrast to previous crises, gross capital inflows offset residents' outflows, resulting in modest required current account adj...

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Bibliographic Details
Published in:Emerging markets review 2025-03, Vol.65, p.101263, Article 101263
Main Authors: Cavallo, Eduardo A., Hernández, Juan M., González Jaramillo, María José, Powell, Andrew
Format: Article
Language:English
Subjects:
Balance of Payments
Capital Account
Capital flows
COVID-19
Emerging and Developing Economies
Sudden Stops
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