中文
 
HOME           RESEARCH           EVENTS           EXPERTS           PUBLICATIONS           ABOUT US          
 
 
 
 
· Fiscal Policy Should Provide Legitimate Channels for Local Gov. Financing
· Capital Market Reform in a Modern Financial System
· Strengthening Market Mechanisms to Build China's Modern Financial System
 
 ACDEMIC EXCHANGES
 
· Research: macroeconomics, international finance and world economy
· Research: Political Economy, Monetary Policy, Financial Reform, Foreign Exchang
· Research: Macroeconomics, Capital Market
 
 EVENTS
 
Nov
   
20
CF40 - Sun Yefang Book Club on Forty Years of Reform and Opening-up
 
 
 
Nov
   
17
2018 Beijing Global Fintech Summit Focuses on Innovation and Regulation
 
 
 
Oct
   
26
Exiting Unconventional Monetary Polices
 
 
 
 
Location > RESEARCH
 
 
 
Capital Inflows, Credit Booms and Their Risks

Carmen M. Reinhart        2012-04-24

Abstract: This paper highlights the findings of some of the recent research on capital flows, credit booms, and their attendant consequences for asset prices, business cycles, financial crises and the interaction among these. The aim is to condense key results from the relevant literature and promote discussion on how financial and economic developments in China in recent years fit within established patterns detected in the broader cross-country and historical experience encompassing advanced and emerging market economies across most regions. The big question posed is whether taken together these developments describe the antecedents of a banking crisis with its potential severe consequences for economic activity or a milder soft landing scenario.

Full Report:    Capital Inflows, Credit Booms and Their Risks

 
 
copyright2008-2009 All rights reserved CHINA FINANCE 40 FORUM