Survey of Literature on Covered and Uncovered Interest Parities



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Figure 1: Average External Assets and Liabilities, Emerging Markets

Source: Lane and Milesi-Ferreti, 2004. Emerging Market Economies include: Argentina, Brazil, Chile,
Colombia, Mexico, Venezuela, China, India, Indonesia, Korea, Malaysia, Philippines, Taiwan province of
China, Thailand, Czech Republic, Hungary, Poland, Russia, Israel, South Africa, Turkey.



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