Qualitative and Quantitative Economics - QQE Conference

Qualitative and Quantitative Economics (QQE) Conference

Foreign capital inflows and capital controls

The growth momentum of the global economy seems to be satisfactory, though there is a change in its direction. US economy has not grown at the desired rate over last couple of years, whereas, European and Asian countries had GDP growth more than projected, along with rise in global manufacturing and trade. Emerging markets’ financial conditions have supported growth, though there has been tightening of US policy. Several emerging and advanced economies are still operating below capacity. At the same time, some factors are contributing to already high vulnerabilities and external imbalances. China has been following the policies of unsustainable private and public debt expansions and asset price booms. Similarly, in countries like India, Indonesia and Turkey, the corporate leverage and bank vulnerabilities have increased. As a result, corporate defaults have risen. In advanced economies, low interest rates have hidden vulnerabilities, while excessive liquidity has suppressed volatility and default risk. Low interest rates coupled with lower yields along with high non performing assets have reduced bank profits and made them more prone to financial distress. Another problem has been , excessive global current account imbalances. Some current account imbalances can be desirable for growth, excessive imbalances reflect faulty policies or domestic distortions. These imbalances have to be corrected for more balanced and resilient growth. This has to be done through changes in foreign capital inflows and asset prices.

Looking at the frequent boom -bust cycles in capital flows, the countries have learnt the lesson that they must manage the capital inflows, if they want to benefit from financial globalization. Normally, they employ a combination of tools, depending on the nature of risk. However, there are differences across countries with respect to policy response even in similar macro economic conditions. That means that some peculiar characteristics of the economy or political considerations may be important to make countries’ response different. The pertinent question here is that whether the capital controls persued by many countries have reduced financial crisis in last few years or not? Only research on these issues can answer these questions.

The Qualitative and Quantitative Economics (QQE) is a premiere Academic Research Conference that looks into the Challenges of Capital Inflows: Are Countries on the Same Line? The papers are invited on the following topics, though not restricted to them:

  • Capital Flows and Regulatory Requirements
  • Exchange Rate Volatility and Capital Flows
  • Structural Reforms and Capital Requirements
  • External Rebalancing
  • Monetary Policy and Fiscal Policy Controls
  • Bank Consolidation , Efficiency and Profitability
  • International Monetary System
  • Financial Assets and  Debt Sustainability
  • Macroprudential Policies
  • Financial Stability Vulnerabilities
  • Trade Integration and Capital Inflows
  • Capital Controls and Cost of Debt
  • Non Performing Assets
  • Current Account Deficit and Growth
  • Bank Profitability and Cost of Funding
  • International Interest Rates
  • Tax Administration Reforms
  • Credit Supply and Corporate Productivity
  • Private and Public Debt
  • Foreign Direct Investments and Growth
Assoc. Prof. Chanchal Chopra

Assoc. Prof. Chanchal Chopra

Janki Devi Memorial College
University of Delhi
India
“Foreign Capital Inflows and Capital Controls”

Procedia Economics & Finance
The 2012 Conference Proceedings were published by Elsevier through Procedia Economics & Finance.
Elsevier
QQE 2018 Conference Proceedings: All accepted and presented papers at the conference (QQE 2018) will be published in the conference proceedings (Print ISSN: 2251-2012, E-Periodical ISSN: 2251-2020).
Journal on Business Review: All authors who present their papers at the conference will be invited to submit an extended version of their research paper for the GSTF Journal on Business Review (GBR) Print ISSN: 2010-4804, E-periodical: 2251-2888. All submitted papers will go through a blind review process for acceptance and will be published without additional cost (digital).
Best Paper Awards and Best Student Paper Awards will be conferred at the conference (in order to qualify for the award, the paper must be presented at the conference).
QQE 2018 will also constitute a Special Panel Session.
Panel Proposals are invited for submission. A minimum of three papers centering on a specific topic will be accepted for submission under Panel Category.

Dr. Asya Validava
Dr. Asya Validava
Kazan Federal University
Russia
Prof. Dr. Pascal Gantenbein
Prof. Dr. Pascal Gantenbein
University of Basel
Switzerland
Dr. Cesar Escalante
Dr. Cesar Escalante
University of Georgia
USA

GSTF is a proud partner of 41 Universities around the globe.
For a complete list of GSTF Partner Universitie please visit: https://www.globalstf.org/partner-universities.php