Daily Sabah logo

Politics
Diplomacy Legislation War On Terror EU Affairs Elections News Analysis
TÜRKİYE
Istanbul Education Investigations Minorities Expat Corner Diaspora
World
Mid-East Europe Americas Asia Pacific Africa Syrian Crisis Islamophobia
Business
Automotive Economy Energy Finance Tourism Tech Defense Transportation News Analysis
Lifestyle
Health Environment Travel Food Fashion Science Religion History Feature Expat Corner
Arts
Cinema Music Events Portrait Reviews Performing Arts
Sports
Football Basketball Motorsports Tennis
Opinion
Columns Op-Ed Reader's Corner Editorial
PHOTO GALLERY
JOBS ABOUT US RSS PRIVACY CONTACT US
© Turkuvaz Haberleşme ve Yayıncılık 2023

Daily Sabah logo

عربي
  • Politics
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • Elections
    • News Analysis
  • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Expat Corner
    • Diaspora
  • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • Islamophobia
  • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
  • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
  • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Reviews
    • Performing Arts
  • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
  • Gallery
  • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
  • TV
  • Business
  • Automotive
  • Economy
  • Energy
  • Finance
  • Tourism
  • Tech
  • Defense
  • Transportation
  • News Analysis

Emerging markets attracted $313B in 2020, global finance body says

by Anadolu Agency

ANKARA Jan 08, 2021 - 11:40 am GMT+3
Chinese 100-yuan notes and US 100-dollar notes seen in this photo illustration, Beijing, China, Jan. 14, 2020. (AFP Photo)
Chinese 100-yuan notes and US 100-dollar notes seen in this photo illustration, Beijing, China, Jan. 14, 2020. (AFP Photo)
by Anadolu Agency Jan 08, 2021 11:40 am

Emerging markets (EM) attracted $313 billion in portfolio flows in 2020, $48 billion less than the previous year, according to the latest data from the Institute of International Finance (IIF).

The global financial body projected emerging economies drew in nearly $45.9 billion in December, ending one of the most unstable years for portfolio flows.

"These results have made the fourth quarter 2020 the strongest quarter for EM inflows since just before the taper tantrum," noted the report.

The figures are remarkable because economic fallout from the coronavirus on developing countries was "the deepest and most violent outflow recorded," according to the report.

It showed that the main driver for the rebound is the monumental performance of China's debt flows, as well as the recovery of other asset classes.

In December, debt flows reached $16.6 billion with equities posting $29.3 billion, $13.2 billion of which were China inflows.

Asia topped all regions with inflows of $21.9 billion. It was followed by Latin America with $11.9 billion, Africa and the Middle East with $7 billion and emerging Europe with $5.2 billion.

"The exodus of capital from emerging markets is now firmly in the rearview mirror and robust inflows look set to continue," according to IIF.

  • shortlink copied
  • Last Update: Jan 08, 2021 12:50 pm
    RELATED TOPICS
    fight-against-terrorism DEUTSCHE-BANK US-LIBYA-RELATIONS
    KEYWORDS
    emerging economies covid-19 outbreak institute of international finance finance
    The Daily Sabah Newsletter
    Keep up to date with what’s happening in Turkey, it’s region and the world.
    You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
    President Recep Tayyip Erdoğan delivers a speech during his ruling Justice and Development Party's (AK Party) group meeting at the Turkish Grand National Assembly in Ankara, Türkiye, March 29, 2023. (AFP Photo)

    Türkiye to cut power, gas prices, hike minimum wage: Erdoğan

    Turkish-Economy
    Homeland Party Chairman Muharrem Ince and CHP Chairman Kemal Kılıçdaroğlu speak to reporters following a meeting in Ankara, March 29, 2023. (AA Photo)

    Ince says won't withdraw candidacy in Türkiye's elections

    2023-ELECTIONS

    Putin may attend Akkuyu Nuclear Plant inauguration in Türkiye

    nuclear-plant

    Turkish parliament to vote on Finland's NATO bid

    TÜRKIYE-FINLAND-RELATIONS
    No Image
    Little Amal's journey from Turkey to UK comes to an end
    PHOTOGALLERY
    • POLITICS
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • News Analysis
    • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Diaspora
    • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • İslamophobia
    • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
    • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
    • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Performing Arts
    • Reviews
    • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
    • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
    • Photo gallery
    • Jobs
    • privacy
    • about us
    • contact us
    • RSS
    © Turkuvaz Haberleşme ve Yayıncılık 2021