Analysis of developing countries’ external financial vulnerability

cepal.bibLevelDocumento Completo
cepal.callNumberLC/TS.2024/121
cepal.divisionEngEconomic Development Division
cepal.divisionSpaDivisión de Desarrollo Económico
cepal.docTypeSeries
cepal.jobNumberS2401034_en
cepal.regionalOfficeSantiago
cepal.sdg1
cepal.topicEngFINANCING FOR DEVELOPMENT
cepal.topicSpaFINANCIAMIENTO PARA EL DESARROLLO
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaSpaDESARROLLO ECONÓMICO
dc.contributor.authorPérez Caldentey, Esteban
dc.coverage.spatialEngUNITED STATES
dc.coverage.spatialSpaESTADOS UNIDOS
dc.date.accessioned2024-12-31T13:48:43Z
dc.date.available2024-12-31T13:48:43Z
dc.date.issued2024-12-31
dc.description.abstractThe United States dollar has increased its importance as an international medium of exchange, maintained its strength as a store of value and reinforced its role as the world’s unit of account. At the same time the capital market has become a major source of funding throughout the world including for developing countries. This context has major financial implications for the United States and for those countries, mainly developing countries, that are anchored to the dollar. These implications are brought to the fore by focusing on some of the main transmission mechanisms of international financial conditions to developing countries and by analyzing the components of the external balance sheets for the United States and for developing countries. The analysis is placed within the context of some of the changes that have occurred in the international financial system and in the composition of international financial flows in the aftermath of the Global Financial Crisis.
dc.description.tableOfContentsAbstract .-- Introduction .-- I. The predominance of the dollar .-- II. The international capital market as a source of funding and the primacy of the United States dollar .-- III. The hegemony of the dollar and its consequences for the external balance sheet of the United States .-- IV. An analysis of the external balance sheets of developing countries .-- V. Conclusions.
dc.formatTexto
dc.format.extent39 pages.
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/TS.2024/121
dc.identifier.urihttps://hdl.handle.net/11362/81187
dc.language.isoeng
dc.publisherECLAC
dc.publisher.placeSantiago
dc.relation.isPartOfSeriesFinanciamiento para el Desarrollo
dc.relation.isPartOfSeriesNo276
dc.subject.unbisEngDEVELOPING COUNTRIES
dc.subject.unbisEngECONOMIC CONDITIONS
dc.subject.unbisEngFINANCIAL POLICY
dc.subject.unbisEngDOLLAR
dc.subject.unbisEngCAPITAL MARKETS
dc.subject.unbisEngBALANCE OF PAYMENTS
dc.subject.unbisSpaPAISES EN DESARROLLO
dc.subject.unbisSpaCONDICIONES ECONOMICAS
dc.subject.unbisSpaPOLITICA FINANCIERA
dc.subject.unbisSpaDOLAR
dc.subject.unbisSpaMERCADOS DE CAPITAL
dc.subject.unbisSpaBALANZA DE PAGOS
dc.titleAnalysis of developing countries’ external financial vulnerability
dc.type.coarlibro
dc.usergrouppubweb
dspace.entity.typePublication
relation.isAuthorOfPublication46b761e0-92ca-4c05-ba68-1f622b268d99
relation.isAuthorOfPublication.latestForDiscovery46b761e0-92ca-4c05-ba68-1f622b268d99
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