About this work
Emerging markets were beginning to stabilize after the record capital outflows of March 2020. Elina Ribakova, Jonathan Fortun, Robin Brooks and Sergi Lanau attributed the shift in sentiment to the Federal Reserve’s exceptional easing. Their daily flow tracking, combined with strong offshore issuance, indicated that nonresident portfolio flows had returned to positive territory in the second quarter as of the report’s May 7 publication.
Abstract
Emerging markets were beginning to stabilize after the record capital outflows of March 2020. Elina Ribakova, Jonathan Fortun, Robin Brooks and Sergi Lanau attributed the shift in sentiment to the Federal Reserve’s exceptional easing. Their daily flow tracking, combined with strong offshore issuance, indicated that nonresident portfolio flows had returned to positive territory in the second quarter as of the report’s May 7 publication.
Cite this work
Elina Ribakova, Jonathan Fortun, Robin Brooks, Sergi Lanau (2020). GMV: COVID-19 and EM Stabilization. Institute of International Finance.