Non-FDI Capital Inflows in Low-Income Developing Countries: Catching the Wave?

IMF Working Papers, April 29, 2015

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Canonical URL: Non-FDI Capital Inflows in Low-Income Developing Countries: Catching the Wave?

Authors: Juliana Dutra Araujo, Antonio David, Carlos van Hombeeck, Chris Papageorgiou
Published: April 29, 2015
Series: IMF Working Papers
DOI: https://doi.org/10.5089/9781484341087.001

Constructs a new comprehensive dataset on gross private capital flows with special focus on non-FDI flows in LIDCs.
Concentrates on low-income developing countries (LIDCs) and gross non-FDI private flows to close a gap in existing datasets where country coverage of developing economies is limited mainly to emerging markets (EMs).

Since the mid 2000's, periods of surges in gross non-FDI private inflows in LIDCs are broadly comparable to those of EMs.
Gross non-FDI inflows to LIDCs are on average much lower than those to EMs.
The LIDC top quartile gross non-FDI inflow is comparable to the EM median inflow and is converging to the EM top quartile inflow.
The study identifies several shifting patterns of gross non-FDI private inflows to LIDCs using the new data.

Subject: Balance of payments, Balance of payments statistics, Capital flows, Capital inflows, Economic and financial statistics, Financial crises, Foreign direct investment, Global financial crisis of 2008-2009
Keywords: Balance of payments statistics, benchmark LIDC sample, Capital flows, Capital inflows, FDI flow, FDI inflow, Foreign direct investment, Global, Global financial crisis of 2008-2009, Gross Capital Flows, inflows to LIDCs, inflows trend, LIDC database, LIDCs + EMs, Low-Income Countries, low-income developing countries, Market Access, private inflow, Surges, WEO data, WP

IMF Working Paper: Non-FDI Capital Inflows in Low-Income Developing Countries: Catching the Wave? (2015/086).