Facebook YouTube Twitter LinkedIn Menu Chevron Left Chevron Right Arrow Down Arrow Up Plus Plus Plus Plus Plus




This page is a one-stop-shop for IIF members to keep up with our latest research on the impacts of the COVID-19 pandemic, however, you can also update your email subscriptions to have the latest publications delivered to your inbox as soon as they are available. 

Miss a recent webinar? Catch past events on the IIF's Youtube Channel. 

Economic Analysis

Emerging Market Capital Flows Recovery

The November Capital Flows Tracker shows the largest ever inflows for emerging market equities and debt. EMs attracted around $76.5 bn in November, significantly higher than the $23.5 bn in October, thanks to the headlines on potential vaccines and the resolution of uncertainty regarding the US election.

This is a sharp acceleration in the flows recovery, compared with the tepid pace of flows immediately following the initial outflow episode in March. As a result, Q4 2020 is likely to be the strongest quarter for EM inflows since Q1 2013, i.e. since just before the “taper tantrum.” Excluding China, non-resident portfolio flows to EM are at their strongest pace since Q2 2014, i.e. just prior to the fall in commodity prices that pulled down the terms of trade in many emerging markets, causing their currencies to depreciate.

Read more in our latest Capital Flows Report


IIF Headquarters
1333 H St NW, Suite 800E
Washington, DC 20005-4770
Tel: +1 202 857-3600
Fax: +1 202 775-1430
Email: info@iif.com

IIF Middle East and Africa
Regional Office
DIFC, The Gate Building,
Level 15
P.O. Box 121208
Dubai, United Arab
Tel: +971 4401 9651

IIF Asia Pacific
Regional Office - Beijing
Winland International Finance Centre
Suite F920, 9F
No.7 Jinrong Avenue
Xicheng District, Beijing
100032, PRC
Tel: +86 10 5836 9100
Fax: +86 10 5836 9300

IIF Asia Pacific
Regional Office - Singapore
50 Raffles Place
#22-06 Singapore Land
Singapore 048623
Tel: +65 6592 5089

IIF European
Representative Office
Square de Meeûs 23
14th Floor
1000 Brussels
Tel: +32 2 430 37 08