June 3, 2020
 
 
 
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22 October - International Capital Flows and Development (IMF)

Monday, 25 October 2010 10:54

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.

 

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