Is South Africa Receiving More than Its Fair Share of Portfolio Flows? /

This paper develops an empirical model of the drivers of portfolio flows, and concludes that South Africa has indeed received greater bond flows than can be explained by macroeconomic fundamentals. Bond flows in the four quarters through 2010:Q3 not only exceeded the average over the past 10 years,...

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Détails bibliographiques
Auteur principal: Gray, Gavin
Autres auteurs: Asonuma, Tamon
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2011.
Collection:Departmental Papers; Departmental Paper ; No. 2011/003
Accès en ligne:Full text available on IMF