Speculative funds to where and why o Most sf are channeled to emerging market. id. Asia and latin america ● Cause Market integration and financial lobalization High growth rate and interest rate Weak control Rapid development of capital market
16 Speculative funds: to where and why ⚫ Most SF are channeled to emerging market, id. Asia and Latin America ⚫ Cause: – Market integration and financial globalization – High growth rate and interest rate – Weak control – Rapid development of capital market
投机资本与货币冲击 Speculative funds and financial attack The case of Xx
17 投机资本与货币冲击 Speculative funds and financial attack ⚫The case of XX