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Les pays émergents dans la globalisation financière : rupture ou continuité ?

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  • François-Xavier BELLOCQ
  • Yves ZLOTOWSKI

Abstract

Depuis la grande crise de 2008-2009, les pays émergents sont confrontés à des évolutions erratiques de leur financement extérieur. La période actuelle est en effet marquée par des phases d‘entrées massives et de sorties brutales de capitaux, qui déstabilisent les politiques économiques, les institutions financières locales et les entreprises.Cet article propose une analyse de cette nouvelle ère de la méfiance, que les pays émergents manifestent désormais vis-à -vis de l’ouverture financière systématique. Le sujet est ici abordé à partir de ses développements théoriques et de ses enjeux de politique économique.

Suggested Citation

  • François-Xavier BELLOCQ & Yves ZLOTOWSKI, 2017. "Les pays émergents dans la globalisation financière : rupture ou continuité ?," Working Paper 3a852be1-81a7-4134-838f-7, Agence française de développement.
    • Handle: RePEc:avg:wpaper:fr607
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    References listed on IDEAS

    as
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    2. André Orléan, 2009. "De l'euphorie à la panique : penser la crise financière," Post-Print halshs-00754868, HAL.
    3. Jonathan David Ostry & Atish R. Ghosh & Karl F Habermeier & Marcos d Chamon & Mahvash S Qureshi & Dennis B. S. Reinhardt, 2010. "Capital Inflows; The Role of Controls," IMF Staff Position Notes 2010/04, International Monetary Fund.
    4. Mr. Marcos d Chamon & Miss Mahvash S Qureshi & Dennis B. S. Reinhardt & Mr. Atish R. Ghosh & Mr. Karl F Habermeier & Mr. Jonathan David Ostry, 2010. "Capital Inflows: The Role of Controls," IMF Staff Position Notes 2010/004, International Monetary Fund.
    5. Mr. Ayhan Kose & Mr. Kenneth Rogoff & Mr. Eswar S Prasad & Shang-Jin Wei, 2004. "Effects on Financial Globalization on Developing Countries: Some Empirical Evidence," IMF Occasional Papers 2003/007, International Monetary Fund.
    6. André Orléan, 2009. "De l'euphorie à la panique : penser la crise financière," PSE-Ecole d'économie de Paris (Postprint) halshs-00754868, HAL.
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    JEL classification:

    • E - Macroeconomics and Monetary Economics

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