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- W2503912588 abstract "The recent surge in capital inflows to developing countries shares several features of the experiences of the late nineteenth and early twentieth centuries, but a number of new characteristics as well. This chapter begins with a survey of international finance at the beginning of this century followed by a review of capital inflows since the 1960s. The final section briefly addresses three issues. First, what has been the role of financial liberalization among the determinants of the recent upswing in capital inflows, and what are its implications for the recipient economies? Second, can we say something on the ‘quality’ of the new flows? Third, what are the long-run relationships between external finance, growth, and welfare in developing economies?" @default.
- W2503912588 created "2016-08-23" @default.
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- W2503912588 date "2001-01-01" @default.
- W2503912588 modified "2023-10-16" @default.
- W2503912588 title "Capital Flows to Developing Economies throughout the Twentieth Century" @default.
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- W2503912588 doi "https://doi.org/10.1057/9780333994894_3" @default.
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