Zjawisko nagłego zatrzymania napływu kapitału portfelowego do krajów Azji Wschodniej i Pacyfiku na przykładzie Indonezji i Singapuru.
Sudden stops in portfolio investment flows to East Asia and Pacific Region. An evidence from Indonesia and Singapore
Author(s): Magdalena BroszkiewiczSubject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: Portfolio investment; sudden stops of international capital flows; capital markets; East Asia and Pacific;
Summary/Abstract: The main aim of the article is to conduct the analysis of the different levels of development of Indonesia and Singapore capital markets between 1995 and 2015 and show that in both cases a sudden stop occurs, especially in the period of regional and global financial crises. However, it is possible to see a faster return to stabilization in the developed market, and therefore better opportunities for attracting foreign capital. International capital flows in this article shall be construed as a shift of capital across national borders, recorded in the account balance of payments.
Journal: Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
- Issue Year: 2017
- Issue No: 486
- Page Range: 202-216
- Page Count: 15
- Language: English
