Tables 1 and 2 are related with the capital flows to hypothetical emerging market countries Bonasia and Ronasia. a) Recalling the Emerging Asia. Emerging Europe, Latin America and Africa and Middle East classification, indicate which table (country) highly similar is to the aforementioned country groups and explain why. b) For the countries, describe developments in terms of the relationship among reserves, capital in(out)flows excluding reserves, net and current account balance in 2014 and 2015 (expected) (16 points) Capital Flows $ billion Tables Total Inflows, Net Private Inflows, Net Equity Investment, Net Direct Investment, Net Portfolio Investment, Net Private Creditors, Net Commercial Banks, Net Nonbanks, Net Official Flows, Net International Fin. Inst. Bilateral Creditors 1: Bonasia 2014 2015 103 88 98 80 53 45 40 35 13 10 45 35 28 25 17 10 5 8 1 3 4 5 2: Ronasia 2014 2015 621 193 615 187 445 380 375 365 70 15 170 -193 - 166 100 6 6 4. 4 2 2 70 -27 Capital Outflows Private Outflows, Net Equity Inv., Abroad, Net Resident Lend., Other, Net -168 -150 - 65 85 - 28 -803 -165-610 45 -219 -120 -391 -545 -750 -250 -500 - 18 137 - 77 -193 11 Reserves(-Increase) Capital In(Out)flows, excluding Reserves, Net Current Account Balance -47 205 -557 65 - 60 182 352 Tables 1 and 2 are related with the capital flows to hypothetical emerging market countries Bonasia and Ronasia. a) Recalling the Emerging Asia. Emerging Europe, Latin America and Africa and Middle East classification, indicate which table (country) highly similar is to the aforementioned country groups and explain why. b) For the countries, describe developments in terms of the relationship among reserves, capital in(out)flows excluding reserves, net and current account balance in 2014 and 2015 (expected) (16 points) Capital Flows $ billion Tables Total Inflows, Net Private Inflows, Net Equity Investment, Net Direct Investment, Net Portfolio Investment, Net Private Creditors, Net Commercial Banks, Net Nonbanks, Net Official Flows, Net International Fin. Inst. Bilateral Creditors 1: Bonasia 2014 2015 103 88 98 80 53 45 40 35 13 10 45 35 28 25 17 10 5 8 1 3 4 5 2: Ronasia 2014 2015 621 193 615 187 445 380 375 365 70 15 170 -193 - 166 100 6 6 4. 4 2 2 70 -27 Capital Outflows Private Outflows, Net Equity Inv., Abroad, Net Resident Lend., Other, Net -168 -150 - 65 85 - 28 -803 -165-610 45 -219 -120 -391 -545 -750 -250 -500 - 18 137 - 77 -193 11 Reserves(-Increase) Capital In(Out)flows, excluding Reserves, Net Current Account Balance -47 205 -557 65 - 60 182 352