What Factors Appear to Drive Private Capital Flows to Developing Countries? PDF Download

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What Factors Appear to Drive Private Capital Flows to Developing Countries?

What Factors Appear to Drive Private Capital Flows to Developing Countries? PDF Author: Dipak Das Gupta
Publisher: World Bank Publications
ISBN:
Category : Capital movements
Languages : en
Pages : 28

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Book Description
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.