May 23, 2012
 
 
 
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22 October - International Capital Flows and Development (IMF)

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This paper confirms neoclassical theory that LDCs tend to experience net capital inflows and more developed countries net capital outflows, when accounting for the degree of capital account openness, and various country characteristics. Findings are driven by FDI, portfolio equity, and to some extent by loans to the private sector.

 
 

Socios

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The Centre for Latin
American Monetary
Studies

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The West African Institute
for Financial and
Economic Management

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The Regional Debt Management
Training Unit
for Central and Western Africa

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The Macroeconomic and
Financial Management
Institute of Eastern and
Southern Africa

 
 
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