Author Archives: Victor Pontines

Dollar Strength and its Implications for Emerging Market Capital Flows – A Macro-Financial Perspective

Predominance of the US dollar (USD) funding market, notably post Great Financial Crisis (GFC), has reinforced the macro financial linkages between global financial conditions and capital flows to emerging markets (EM).      A stronger dollar is linked to tighter global financial conditions and higher tail risk for EM capital flow withdrawal – the financial risk […]