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Mahvash S. Qureshi

Mahvash S. Qureshi is Deputy Chief of the Systemic Issues Division in the Research Department of the International Monetary Fund.

Titles by This Author

A Policy Guide

While always episodic in nature, capital flows to emerging market economies have been especially volatile since the global financial crisis. After peaking at $680 billion in 2007, flows to emerging markets turned negative at the onset of crisis in 2008, then rebounded only to recede again during the U.S. sovereign debt downgrade in 2011. Since then, flows have continued to swing wildly, leaving emerging market policy makers wondering whether they can put in place policies during the inflow phase that will soften the blow when flows subsequently recede.