Bank’s Haldane warns capital inflows may overwhelm emerging markets

andrew-haldane

Differences in the rate of emerging market capital market development and diversification of investor portfolios globally could create tensions that risk destabilising the international monetary system, Andrew Haldane, the executive director for financial stability at the Bank of England, on Saturday said.

At the Institute for New Economic Thinking annual conference in New Hampshire, United States, Haldane said imbalances between the rates at which international capital is distributed and

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