What Can Emerging Markets Do to Protect Against Hot Money Flows? Not Much, Apparently

The International Monetary Fund has been warning for years that emerging markets must put their economic houses in order to avoid getting burned by “hot money” cash flows when global markets freak out.  (Like they might again in the unlikely event…

Source: blogs.wsj.com

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Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.

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