International Financial Flows in Low-Income Countries

For a sample of low‐income countries, we analyse the behaviour of international financial flows during three periods: (i) the 2003–2007 global boom; (ii) the 2008–2009 crisis; and (iii) the 2010–2012 recovery phase. In particular, we examine aid‐adjusted net financial inflows, debt inflows, foreign...

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Bibliographic Details
Published inPacific economic review (Oxford, England) Vol. 20; no. 1; pp. 49 - 72
Main Author Lane, Philip R.
Format Journal Article
LanguageEnglish
Published Oxford Blackwell Publishing Ltd 01.02.2015
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Summary:For a sample of low‐income countries, we analyse the behaviour of international financial flows during three periods: (i) the 2003–2007 global boom; (ii) the 2008–2009 crisis; and (iii) the 2010–2012 recovery phase. In particular, we examine aid‐adjusted net financial inflows, debt inflows, foreign direct investment inflows and official reserve outflows. We highlight the role of country characteristics in explaining the cross‐country variation in international financial flows during these different phases.
Bibliography:ArticleID:PAER12094
DFID/IMF
ark:/67375/WNG-174JXDTW-N
UK's Department for International Development (DFID)
istex:0D89C67B44175787400B71514AC1DB73A4D60156
Institute for New Economic Thinking
ISSN:1361-374X
1468-0106
DOI:10.1111/1468-0106.12094