Series: IMF Working Papers
Author(s): Paolo Mauro , and Andre Faria
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 2004
Keywords: portfolio equity, external liabilities, fdi, institutional quality, direct investment, international investment, International Lending and Debt Problems, Financial Aspects of Economic Integration, porfolio equity,
A widespread view holds that countries that finance themselves through foreign direct investment (FDI) and portfolio equity, rather than bonds and loans, are less prone to crises. But what determines countries' ext...