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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Chi tiết về thư mục
Tác giả chính: Gray, Gavin
Tác giả khác: Asonuma, Tamon
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2011.
Loạt:Departmental Papers; Departmental Paper ; No. 2011/003
Truy cập trực tuyến:Full text available on IMF