3min chapter

Brookings Podcast on Economic Activity cover image

How have Fed interest rate hikes affected other national economies?

Brookings Podcast on Economic Activity

CHAPTER

Understanding the Concept of Capital Leaving Emerging Markets

This chapter explores the concept of capital leaving emerging markets and its consequences on investors, firms, banks, and governments. It delves into how the 'dollar comes home' phenomenon affects these markets and the role played by banks as intermediaries.

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