The July issue discusses the previous year’s overall trends, latest patterns, and the outlook for the current year, while the December issue focuses on the current year’s quarterly capital flows and an updated analysis for the current year. [...] viii SECTION I: RECENT GLOBAL AND REGIONAL ECONOMIC AND FINANCIAL TRENDS AND DEVELOPMENTS This section reviews the global and regional economic Taipei) registered stronger growth at 3.8% during the and financial trends that impacted capital flows to period, higher than the 3.0% growth in 4Q2023, due Asia in the first five months of 2024. [...] Nonresident portfolio debt flows in the growth of 5.0% year-on-year in 2023 (Figure 1.11a).3 region, likewise, reported inflows of around US$37.9 Growth in China will likely slow in 2024 due to billion in the first five months of the year, although ongoing property sector weaknesses and a decline in significantly smaller compared to the portfolio debt potential growth (IMF, 2024). [...] In contrast, the region’s net incurrence of liabilities to nonresidents were trade in services registered a deficit during the mostly in the form of foreign direct investment, period due to a larger deficit from China of around followed by portfolio debt and equity liabilities, and US$208 billion. [...] Of which 24 in Eastern Europe and Central Asia, 23 in Latin America and the Caribbean, 21 in Africa, 20 in Asia, and 13 in the Middle East and North Africa.
- Pages
- 32
- Published in
- Malaysia
Table of Contents
- 2024 1
- SEACEN CAPITAL FLOWS MONITOR 1
- 2024 3
- SEACEN CAPITAL FLOWS MONITOR 3
- .... 5
- .... 5
- .......... 5
- CONTENTS 5
- ... 5
- .................. 5
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- ..................................................................... 5
- ABBREVIATIONS 6
- CONCEPTS 6
- FOREWORD 7
- SEACEN Capital Flows Monitor July 2024 Key Messages 8
- RECENT GLOBAL AND REGIONAL ECONOMIC AND FINANCIAL TRENDS AND DEVELOPMENTS 10
- RECENT TRENDS IN CAPITAL FLOWS AND EXTERNAL POSITIONS 16
- A. Trends in Capital Flows and International Investment Positions 16
- B. Outlook on Capital Flows and Net Foreign Asset Position 22
- MULTI-SECTOR BOND FUNDS AND CAPITAL ACCOUNT MEASURES 23
- A. Multi-sector Bond Funds 23
- B. Multi-sector Bond Funds and Capital Account Measures 26
- C. Policy Considerations 28
- REFERENCES 29
