... Economics, Realtime Economics Issue Watch, October 24, 2008 Congressional Research Service 44 The Global Financial Crisis: Analysis and Policy Implications Figure Capital Flows to Latin America ... Service 45 The Global Financial Crisis: Analysis and Policy Implications Figure Capital Flows to Central and Eastern Europe (in percent of GDP) Source: IMF As emerging markets have grown, Western financial ... Congressional Research Service 47 The Global Financial Crisis: Analysis and Policy Implications economy In addition, all three trends reversed even before the financial crisis began, suggesting...