What factors appear to drive private capital flows to developing countries? and how does official lending respond?
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 externa...
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| Corporate Authors: | , |
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| Format: | eBook |
| Language: | English |
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Washington, DC (1818 H St., NW, Washington 20433)
Development Prospects Group
2000
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| Series: | Policy research working paper
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| Online Access: | |
| Collection: | World Bank E-Library Archive - Collection details see MPG.ReNa |
| Summary: | 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 |
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| Item Description: | "July 2000"--Cover. - Includes bibliographical references (p. 18) |
| Physical Description: | 23 p ill 28 cm |