Growth and development in emerging market economies : international private capital flows, financial markets and globalization / edited by Harinder S. Kohli.

Includes bibliographical references and index.

Global imbalances, oil revenues and capital flows to emerging market countries / Jack Boorman -- Private capital flows to emerging market economies: major drivers, recent developments and key issues / V. Sundararajan and Hariner S. Kohli -- Outward foreign direct investment from emerging economies: new players in the world economy? / Rakesh Jha -- Building national and regional financial markets: the East Asian experience / Andrew Sheng -- Financial markets in Latin America / Claudio M. Loser -- Latin American and East Asian trade strategies / Luis Miguel Castilla -- Building Asia's infrastructure: issues and options / Haruhiko Kuroda, Rajat Nag and Rita Nangia -- Infrastructure development and services in selected emerging market and OECD countries: key indicators / Harpaul Alberto Kohli.

This compilation helps understand the basic forces that are now determining the performance and prospects of emerging market economies (EMEs) around the world. In the past few years, there has been a sharp rise in private capital flows to well performing developing countries, commonly referred to as EMEs. With a drop in net transfers from official sources, the private capital flows in these countries now dwarf official flows

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