'Low interest rates in developed countries since the financial crisis have made those markets less attractive to investors, who have sought higher yields in emerging economies.'



Yes and that money is remarkably fickle and can currently move rapidly in and just a rapidly out. The fact it is flowing in is a case to start worrying when it will move out. One of the negative effects globally is waves of capital moving around the globe seeking a quick return and destablising on the way in and on the way out