1 “... instability) is an important source of macroeconomic uncertainty in many developing countries. Theory predicts...”

2

3 “... trade, the domestic financial sector, and the external capital account, in 91 developed and developing...”

4

5 “...This paper proposes a methodology for testing whether capital flows to developing countries...”

6 “... and commercial policy changes. Drawing on existing studies of trade flows in developing countries, it is possible...”

7

8 “... misalignment in developing countries. The empirical evidence does not, however, suggest the existence of a...”

9 “... in developing countries. It is first shown that, from a theoretical standpoint, this relationship is ambiguous...”

10 “.... In light of the large costs experienced by emerging markets and developing countries as a result of past...”

11 “... for advanced economies, while emerging market and developing countries experienced more moderate increases...”

12 “... for advanced economies, while emerging market and developing countries experienced more moderate increases...”