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

_IMF Working Papers, April 29, 2015_

## Source details

**Canonical URL:** [Non-FDI Capital Inflows in Low-Income Developing Countries: Catching the Wave?](https://www.imf.org/en/publications/wp/issues/2016/12/31/non-fdi-capital-inflows-in-low-income-developing-countries-catching-the-wave-42876)

## Other formats

- [Markdown version](/en/publications/wp/issues/2016/12/31/non-fdi-capital-inflows-in-low-income-developing-countries-catching-the-wave-42876/index.md)
- [Structured JSON version](/en/publications/wp/issues/2016/12/31/non-fdi-capital-inflows-in-low-income-developing-countries-catching-the-wave-42876/index.json)
- [Bundle manifest](/en/publications/wp/issues/2016/12/31/non-fdi-capital-inflows-in-low-income-developing-countries-catching-the-wave-42876/bundle-manifest.json)

## Bibliographic details
- 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

---

### Authors and publication
- By Juliana Dutra Araujo, Antonio David, Carlos van Hombeeck, Chris Papageorgiou
- April 29, 2015
- IMF Working Papers 2015, 086 (2015)
- Pages: 41
- DOI: https://doi.org/10.5089/9781484341087.001
- Series: Working Paper No. 2015/086
- Stock No: WPIEA2015086
- ISBN: 9781484341087
- ISSN: 1018-5941

### Research scope and contributions
- 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).

### Key findings and empirical results
- 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 areas and keywords
- 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).*

---

## Content in this bundle

- **_wp1586**
  - [_wp1586 (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/wp/2015/_wp1586.pdf.md){rel="alternate" type="text/markdown"}
  - [_wp1586 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/wp/2015/_wp1586.pdf){rel="external" type="application/pdf"}

---

_Source: https://www.imf.org/en/publications/wp/issues/2016/12/31/non-fdi-capital-inflows-in-low-income-developing-countries-catching-the-wave-42876_