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Entrepreneurs, expecting a flood of foreign visitors, splurged heavily on providing western-style accommodation.
Capital-inflow controls can temporarily stem a flood of foreign cash.
The flood of foreign buyers into the London housing market has raised eyebrows.
Driving the rise is an unprecedented flood of foreign capital, mainly from China.
The flood of foreign money helps to keep interest rates low while supporting the dollar.
But he believes the current flood of foreign investment is a mixed blessing.
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The flood of foreign-currency borrowing destabilised their economies and left them vulnerable when Western banks reduced lending.In Africa, the UN predicts, output will now fall by 0.9%.
The results have been hugely successful: the stockmarket has absorbed a flood of foreign-led investment that has sent share prices up three-to four-fold in the past year, and a new mutual-funds industry is just getting underway.
The euro was a distant second, with shares of 8% in exports and 7% in imports.Explaining the rupee's appreciationThe main reason for the rupee's appreciation since late 2006 has been a flood of foreign-exchange inflows, especially US dollars.
Right now, the No. 1 priority for the intelligence community is technology to cope with a flood of foreign-language materials, said Jim Simon, the C.I.A.'s assistant director for administration.
Poor countries with weak financial systems, it appears, cannot cope with floods of foreign capital.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com