Total net private capital flows to emerging markets continued at a strong pace in 2006 but the volume is expected to ease somewhat in 2007 in line with an expected moderation in world growth, according to the Washington-based global association of financial institutions, the Institute of International Finance (IIF).
The 2006 total of $502bn was just below the record of $509bn in 2005 and the IIF forecasts that the 2007 volume will be about $470bn.