01874cas a2200241 a 4500 AALejournalIMF020234 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498336512 2663-3493 BD-DhAAL BD-DhAAL International Monetary Fund. The Fund's Role Regarding Cross-Border Capital Flows. Washington, D.C. : International Monetary Fund, 2010. 1 online resource (52 pages) Policy Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Global capital flows have multiplied many times over in recent years, mainly between advanced economies but increasingly also to emerging markets, reflecting the general reduction in regulatory and informational barriers. Thus, with international asset positions now dwarfing output, global portfolio allocations and reallocations have profound effects on the world economy, as demonstrated by recent boombust episodes of both global reach (e.g., the transmission of the 2001 IT shock and the 2008 mortgage market shock from the United States) and regional significance (in Asia, Latin America, and Central and Eastern Europe). Such cycles and reversals in cross-border capital flows should not be surprising, given that these flows - more so than domestic ones - imply crossing informational barriers, currency and macroeconomic risks, and regulatory regimes. Mode of access: Internet Policy Papers; Policy Paper ; No. 2010/106 Full text available on IMF http://elibrary.imf.org/view/journals/007/2010/106/007.2010.issue-106-en.xml IMF e-Library