Capital Flows in a Globalized World: The Role of Policies and Institutions

Laura Alfaro, Sebnem Kalemli-Ozcan, and Vadym Volosovych, Capital Controls and Capital Flows in Emerging Economies: Policies, Practices, and Consequences (University of Chicago Press, 2007), chap. 1, https://www.nber.org/books-and-chapters/capital-controls-and-capital-flows-emerging-economies-policies-practices-and-consequences/capital-flows-globalized-world-role-policies-and-institutions.