Front Matter Page
Statistics Department
Contents
Abstract
I. Introduction
II. Facts about Capital Flows
III. Facts about Inequality
IV. Probing Deeper
4.1. Foreign Direct Investment
4.2. Non-FDI Private Capital Flows
4.3. Official Capital Flows
4.4. Remittances
V. The Case of Mexico
VI. Policy Implications
References
Figures
Figure 1. Capital Account Openness and Financial Integration
Figure 2. External Debt Securities
Figure 3. Trends in Remittances
Figure 4. Financial Globalization and Inequality
Figure 5. Openness to FDI, Inequality
Figure 6. Outward FDI and Labor Income Share, Advanced Economies
Figure 7. Inward FDI, Education and Inequality, Emerging and Low-Income Developing Countries
Figure 8. Capital Account Liberalization, Crises, and Inequality
Figure 9. Mexico: Income Inequality and External Liabilities, 1970–2015
Figure 10. Mexico: Income Inequality, by States
Figure 11. Mexico: Income Inequality and FDI, by States
Figure 12. Mexico: Remittances and Income Inequality
Figure 13. Capital Account Liberalization, and Gross and Net Income Inequality