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  • Takatoshi Ito, Capital Flows and the Emerging Economies: Theory, Evidence, and Controversies (University of Chicago Press, 2000), chap. 8, https://www.nber.org/books-and-chapters/capital-flows-and-emerging-economies-theory-evidence-and-controversies/capital-flows-asia.

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This paper characterizes the capital flows in Asia before and after the Asian currency crisis of 1997. Differences in...

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