The Paradox of Capital
Author: Mr. Eswar S Prasad, Raghuram Rajan1, and Mr. Arvind Subramanian
  • 1 0000000404811396https://isni.org/isni/0000000404811396International Monetary Fund
Language:
English
Keywords:
BOOK; market; liberalization; country; economy; trade openness; savings growth; investment opportunity; FDI inflow; investment growth; rate of return; Current account deficits; Capital flows; Current account surpluses; Income; Current account balance; Global; Africa; Current account

Abstract

Is foreign capital associated with economic growth and, if not, why does it flow “uphill”?

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Author: International Monetary Fund
ISBN:
9781589065710
Publication Date:
27 Apr 2007
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781589065710.071
Pages:
96