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To Reduce Inflation: New Application of Old Theories
2014
Mediterranean Journal of Social Sciences
The international financial crisis of 2008 had a major impact on capital flows from developed countries to BRICS countries. This study explores the reasons and impact of capital and exchange rate volatility that BRICS countries experienced. The rethinking of inflation theory to address the capital volatility which emerging economies face is of utmost importance. International investors invest in South Africa and other BRICS countries and are of an exogenous nature. The solution to reduce the
doi:10.5901/mjss.2014.v5n21p313
fatcat:uiw6nywtwvanhao5dy4emdh7py