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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Published in | Pacific economic review (Oxford, England) Vol. 20; no. 1; pp. 49 - 72 |
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Main Author | |
Format | Journal Article |
Language | English |
Published |
Oxford
Blackwell Publishing Ltd
01.02.2015
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Subjects | |
Online Access | Get full text |
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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. |
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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 |