Managing Volatile Capital Flows: Experiences and Lessons for Sub-Saharan African Frontier Markets

During the past three years the frontier markets of sub-Saharan Africa have received growing amounts of portfolio capital flows, with heightened interest from foreign investors. Compared with foreign direct investment, portfolio capital flows tend to be more volatile, and thus pose challenges for su...

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Bibliographic Details
Main Author: Gueye, Cheikh
Other Authors: Arze del Granado, Javier, Garcia-Verdu, Rodrigo, Hussain, Mumtaz
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2014
Series:Departmental Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:During the past three years the frontier markets of sub-Saharan Africa have received growing amounts of portfolio capital flows, with heightened interest from foreign investors. Compared with foreign direct investment, portfolio capital flows tend to be more volatile, and thus pose challenges for sub-Saharan African frontier markets. This study examines the evolution of capital flows since 2010 and discusses the policies these countries have designed to reduce risks from the inherent volatility of these flows
Physical Description:39 pages
ISBN:9781616358440