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News Link • Economy - International

Free Flow of Capital Turns Into Menace

• NY Times

As the leaders of the 20 major economic powers gather in Seoul, an increasing number of them have either imposed curbs or are in the process of doing so to slow the torrent of hot money into their markets.

Over the years, foreign capital flowing into emerging markets has played a crucial role in helping finance roads in India, factories in China and buyers of luxury cars in Brazil.

 

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