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More and more people realize that capital flows are not just an accessory to trade flows—they are the true engine driving trade imbalances. But here’s a question: can we assume that these capital flows will be more likely to "plant seeds of employment, productivity, and innovation" in emerging markets? This logic still needs further consideration. Capital indeed moves, but where it flows and which sectors it enters are determined by market participants. Short-term arbitrage often wins over long-term development. From this perspective, capital flows drive changes in the trade landscape, but they do not automatically foster sustainable growth.