What Factors Appear to Drive Private Capital Flows to Developing Countries? And How Does Official Lending Respond?
Year: 2000
Type: report
Abstract: Private portfolio flows to a country tend to rise in response to an increase in the current account deficit, a rise in foreign direct investment flows, higher per capita income, and growth performance. The most important determinant of official lending to a developing country seems to be the external current account balance or a change in international reserves in the country
Authors: Dipak Dasgupta, Dilip Ratha
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W1527406907