External Capital Structure : Theory and Evidence
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Summary:
Recent years have witnessed a change in the composition of capital flows to developing countries, and FDI and equity flows have been playing an increasing role. In this paper we discuss the challenges for international macroeconomics that these developments pose and characterize stylized facts associated with the structure of external liabilities in developing countries, focusing in particular on FDI and equity stocks.
Series:
Working Paper No. 00/152
Subject:
English
Publication Date:
August 1, 2000
ISBN/ISSN:
9781451857085/1018-5941
Stock No:
WPIEA1522000
Format:
Paper
Pages:
33
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