Too Much, Too Little, or Too Volatile? International Capital Flows to Developing Countries in the 1990s

Too Much, Too Little, or Too Volatile? International Capital Flows to Developing Countries in the 1990s

Developing countries are constrained in financing current account deficits as real capital mobility is still far from perfect. At the same time, capital flows to these countries proved to be extremely volatile. The paper argues that the long-term problem of "too little" should not be confu...

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Bibliographic Details
Main Author: Peter Nunnenkamp
Format: Article
Language:English
Published: Korea Institute for International Economic Policy 2001-06-01
Series:East Asian Economic Review
Subjects:
International Capital Markets
Developing Countries
Debt
Equity Investment
Sovereign Risk
Volatility
Online Access:http://dx.doi.org/10.11644/KIEP.JEAI.2001.5.1.79

Internet

http://dx.doi.org/10.11644/KIEP.JEAI.2001.5.1.79

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