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External Capital Structure: Theory and Evidence

Recent years have witnessed a change in the composition of capital flows to developing countries, and FDI and equity flows have been playing an increasing role. In this paper we discuss the challenges for international macroeconomics that these developments pose and characterize stylized facts associated with the structure of external liabilities in developing countries, focusing in particular on FDI and equity stocks.
Year of publication:
2000-10
Authors: Lane, Philip R. ; Milesi-Ferretti, Gian Maria
Institutions: C.E.P.R. Discussion Papers
Subject: External Debt | Foreign Direct Investment | Net Foreign Assets | Portfolio Equity
Extent:
application/pdf
Series:
Type of publication: Book / Working Paper
Notes:
Number 2583
Classification: F21 - International Investment; Long-Term Capital Movements ; F34 - International Lending and Debt Problems
Source:
Persistent link: https://www.econbiz.de/10005789000
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