What factors appear to drive private capital flows to developing countries? [electronic resource] : and how does official lending respond? / Dipak Dasgupta and Dilip Ratha.
Material type:
TextSeries: Policy research working papers ; 2392. | World Bank e-LibraryPublication details: Washington, DC (1818 H St., NW, Washington 20433) : World Bank, Middle East and North Africa Region, Social and Economic Development Group : Development Prospects Group, [2000]Description: 23 p. : ill. ; 28 cmSubject(s): World Bank -- Developing countries | Capital movements -- Developing countriesAdditional physical formats: Das Gupta, Dipak.: What factors appear to drive private capital flows to developing countries?LOC classification: HG3881.5.W57 | P63 no. 2392Online resources: Click here to access online Also available in print.Summary: 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.
"July 2000"--Cover.
Includes bibliographical references (p. 18).
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.
Also available in print.
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