The graph is a bar chart titled "Sudden Stops of Private Capital Inflows." The y-axis ranges from zero to 12 and plots the number of sudden stops. The x-axis spans the years 1990 to 2017. The number of sudden stops over the 37 years varied between 0 and 12, where the number of sudden stops peaked at in 2008. A sudden stop is a drop in (net private capital inflows)/GDP of at least 2 ppt relative to the average value in the previous 2 years, or approval of an IMF program in excess of 500 percent of quota. The stops displayed coincided with a drop in the GDP growth rate, relative to the previous 5-year average, in the lowest decile. Source: Basu S, Perrelli R, Xin W. "Performance Uncertainty and Ranking Significance of Early-Warning Models."
A sudden stop is a drop in net private capital inflows/GDP of at least 2 ppt relative to the average value in the previous 2 years, or approval of an IMF program in excess of 500 percent of quota. The stops displayed coincided with a drop in the GDP growth rate, relative to the previous 5-year average, in the lowest decile.