The net inflows of foreign private capital to the EMEs reached a level of $ 256 billion in 2006. Foreign-investor demand for emerging market assets is reflected in a broad-based rise in inflows into dedicated bond and equity markets of the EMEs. Emerging-market corporate bond issuance in international bond markets rose to a record level of $ 125 billion in 2006.
Another piece of potentially good news is that the level of education that migrants  2  Ad hoc task force of the European System of Central Banks, “Comparisons and contrasts of the impact of the crisis on euro area labour markets”, Occasional Paper Series, ECB, Frankfurt am Main, forthcoming. 3  OECD Economic Surveys: European Union 2014, http://www.oecd.org/eco/surveys/economic-surveyeuropean-union.htm.