World Bank weighs impact of QE on capital flows


The World Bank's East Asia and Pacific Economic Update, published today (December 19), finds capital flows into east Asian and Pacific countries jumped after announcements of further monetary easing by the European Central Bank, Federal Reserve and Bank of Japan.

Net foreign direct investment (FDI) flows to the region were "robust" the report said, at about $250 billion, representing 70% of total flows. "The bulk of capital flows into EAP consists of FDI, which creates jobs and growth in

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