References
- Alfaro, L., Kalemli-Ozcan, S., & Volosovych, V. (2007). Capital Flows in a Globalized World: The Role of Policies and Institutions. NBER Chapters. In: Capital Controls and Capital Flows in Emerging Economies: Policies, Practices, and Consequences (pp. 19-72), National Bureau of Economic Research, Inc.
- Baek, S. G., & Song, C. Y., (2016). On the Determinants of Surges and Stops in Foreign Loans: An Empirical Investigation. Open Economic Review, 27, 405–445. DOI: https://doi.org/10.1007/s11079-015-9379-3
- Barrot, L. D., & Serven, L. (2018). Gross capital flows, common factors, and the global financial cycle (Policy Research working paper, No. WPS 8354). Washington, D.C.: World Bank Group. Retrieved from http://documents.worldbank.org/curated/en/550301519324136710/Gross-capital-flows-common-factors-and-the-global-financial-cycle
- Belke, A., & Volz, U. (2018). Capital Flows to Emerging Markets and Developing Economies Global Liquidity and Uncertainty versus Country-Specific Pull Factors. German Development Institute. Retrieved from: https://www.idos-research.de/uploads/media/DP_23.2018_01.pdf
- Biesebroeck, J.V. (2003). Exporting raises productivity in Sub-Saharan Africa (NBR Working Paper 10020). National Bureau of Economic Research. Retrieved from: http://www.nber.org/papers/w10020
- Byrne, P.J. & Fiess, N. (2016). International capital flows to emerging markets: national and global determinants. Journal of International Money and Finance, 61, 82–100. DOI: http://dx.doi.org/doi:10.1016/j.jimonfin.2015.11.005
- Calvo, S., Leiderman, L., & Reinhart, C. M., (1993). Capital Inflows and Real Exchange Rate Appreciation in Latin America: The Role of External Factors. Staff Papers. International Monetary Fund, 40(1), 108. Retrieved from: https://www.elibrary.imf.org/view/journals/024/1993/004/article-A005-en.xml
- Calvo, S. & Reinhart, C. (1996). Capital flows to Latin America: Is there evidence of contagion effects? (Policy Research Working Paper Series 1619). The World Bank.
- Cerutti, E. (2015). Push Factors and Capital Flows to Emerging Markets: Why (IMF Working Paper - WP/15/127). Retrieved from: https://www.imf.org/external/pubs/ft/wp/2015/wp15127.pdf
- Chinn, M. & Ito, H., (2008). A new measure of financial openness. Journal of Comparative Policy Analysis, 10(3), 309–322. Retrieved from: https://web.pdx.edu/~ito/kaopen_Chinn-Ito_hi0523.pdf
- Corbo, V. & Hernandez, L. (2001). Private Capital Inflows and the Role of Economic Fundamentals. In Larrain, F. (ed.). Capital Flows, Capital Controls, and Currency Crisis: Latin America in the 1990s. Michigan University Press.
- Eichengreen, B., Gupta, P. & Masetti, O. (2018). Are Capital Flows Fickle? Increasingly? And Does the Answer Still Depend on Type? Asian Economic Papers, 17(1), 22–41. DOI: https://doi.org/10.1162/asep_a_00583
- Fernandez-Arias, E. & P. Montiel, (1996). The Surge in Capital Inflows to Developing Countries: An Analytical Overview. World Bank Economic Review, 10(1), 51–77. DOI: https://doi.org/10.1093/wber/10.1.51
- Fratzscher, M. (2012). Capital flows, push versus pull factors and the global financial crisis. Journal of International Economics, 88(2), 341–356. DOI: https://doi.org/10.1016/j.jinteco.2012.05.003
- Ganić, M., & Novalić, A. (2023). Does regional trade integration strengthen or weaken capital mobility? New evidence from four free trade areas. Economics and Business Review, 9(3), 239–264. DOI: https://doi.org/10.18559/ebr.2023.3.795
- Ganić M. (2022). Does institutional quality matter for the IDP hypothesis? Evidence from emerging Europe. Croatian Economic Survey, 24(1), 83–113. Retrieved from: https://hrcak.srce.hr/279218
- Ganić, M., & Hrnjic, M. (2019). Does a country's business regulatory environment affect its attractiveness to FDI? Empirical evidence from Central and Southeast European countries. Eastern Journal of European Studies, 10(2), 89–105. Retrieved from: http://ejes.uaic.ro/articles/EJES2019_1002_GAN.pdf
- Ganić, M. (2021). Emerging Balkans and Its Recent Experience with Transition. In Financial Globalization in the Emerging Balkans. Palgrave McMillan. DOI: https://doi.org/10.1007/978-3-030-65009-4_3
- Ghosh, A.R., M.S. Qureshi, J. Kim, & J. Zalduendo, (2014). Surges. Journal of International Economics, 92(2), 266–285. DOI: 10.1016/j.jinteco.2013.12.007
- Ghosh, A. (1995). International capital mobility among the major industrialized countries: Too little or too much. The Economic Journal, 105(428), 107–128. DOI: https://doi.org/10.2307/2235322
- Giordani, P. E., Ruta, M., Weisfeld, H. & Zhu, L. (2017). Capital Flow Deflection. Journal of International Economics, 105, 102–118. DOI: https://doi.org/10.1016/j.jinteco.2016.12.007
- Haque, N. U. (1997). Causes of Capital Inflows and Policy Responses to Them. Finance and Development. Retrieved from: https://www.imf.org/external/pubs/ft/fandd/1997/03/pdf/ulhaque.pdf
- Lopez-Mejia, A. (1999). Large Capital Flows: A Survey of the Causes, Consequences, and Policy Responses (IMF Working Papers 1999/017). International Monetary Fund. Retrieved from: https://www.imf.org/external/pubs/ft/wp/1999/wp9917.pdf
- Kim, D. H., Lin, S. C., & Suen, Y. B. (2012). The simultaneous evolution of economic growth, financial development, and trade openness. The Journal of International Trade & Economic Development, 21(4), 513–537. DOI: https://doi.org/10.1080/09638199.2010.497933
- Kim, S., Sunghyun, K., & Yoonseok, C. (2013). Determinants of International Capital Flows in Korea. Korea and the World Economy, 14(3), 1–28. Retrieved from: http://www.akes.or.kr/wp-content/uploads/2018/03/14.3.2-Kim_Kim_Choi-447-474.pdf
- Koczan, Z. (2017). Late to the game? Capital flows to the Western Balkans (Working Paper No. 2017/092). International Monetary Fund (IMF). Retrieved from: https://www.imf.org/en/Publications/WP/Issues/2017/04/07/Late-to-the-game-Capital-flows-to-the-Western-Balkans-44811-1-26.
- Koepke, R. (2019). What drives capital flows to emerging markets? A survey of the empirical literature. Journal of Economic Surveys, 33(2), 516–540. DOI: 10.1111/joes.12273
- Kose, M.A., & E. Prasad, (2004). Capital Accounts: Liberalize or Not? Finance & Development.
- Lankes, H. P., Stern, N., Blumenthal, M. W., & Weigl, J. (1999). Capital Flows to Eastern Europe. In International Capital Flows (pp. 57–110). University of Chicago Press. DOI: https://doi.org/10.7208/9780226241807-004
- Lane, Philip R. & Gian Maria Milesi-Ferretti, (2021). The external wealth of nations: September 2021 update. The Hutchins Center on Fiscal and Monetary Policy.
- Mercado, R. J. (2020). Bilateral capital flows: gravity, push, and pull. The Southeast Asian Central Banks SEACEN Research and Training Centre (pp. 1–49). Retrieved from: https://www.bis.org/ifc/publ/ifcb52_22.pdf
- Mercado, R., & Park, C.-Y. (2011). What Drives Different Types of Capital Flows and Their Volatilities in Developing Asia? (ADB Working Paper Series on Regional Economic Integration, pp. 1–44). Retrieved from: http://hdl.handle.net/11540/2026
- Milesi-Ferretti, G. M., & Tille, C. (2011). The great retrenchment: International capital flows during the global financial crisis. Economic Policy, 26(66), 289–346. DOI: https://doi.org/10.1111/j.1468-0327.2011.00263.x
- Montiel, P. & Reinhart, C. (1999). Do Capital Controls and Macroeconomic Policies Influence the Volume and Composition of Capital Flows? Evidence from the 1990's. Journal of International Money and Finance, 18(4), 619–635.
- Mudyazvivi, E. (2016). An analysis of push and pull factors of capital flows in. Development Finance Center (DEFIC) Graduate School of Business. University of Cape Town.
- Murgasova, Z., Ilhai, N., Miniane, J., Scott, A., & Hollar, I. V. (2015). The Western Balkans: 15 Years of Economic Transition (IMF Regional Economic Issues Special Report).
- Olaberria, E., (2015). US Long-Term Interest Rates and Capital Flows to Emerging Economies. Journal of International Commerce, Economics and Policy, 6(2) DOI:10.1142/S1793993315500088
- Obstfeld, M. (2012). Financial flows, financial crisis and global imbalances. Journal of International Monetary and Finance, 31(3), 469–480. DOI: 10.1016/j.jimonfin.2011.10.003
- Oloko, T. F. (2018). Portfolio diversification between developed and developing stock markets: The case of US and UK investors in Nigeria. Research in International Business and Finance, 45, 219–232. DOI: https://doi.org/10.1016/j.ribaf.2017.07.153
- Sarno, L., Tsiakas, I. & Ulloa, B. (2016). What drives international portfolio flows? Journal of International Money and Finance, 60(C), 53–72. DOI: https://doi.org/10.1016/j.jimonfin.2015.03.006
- Taylor, M., & Sarno, L. (1997). Capital flows to developing countries: long- and short-term determinants. The World Bank Economic Review, 11(3), 451–470. DOI: https://doi.org/10.1093/wber/11.3.451.
- World Development indicators (2021). World Development Indicators (WDI) database (2021). World Bank.
