Choong, Chee-keong; Zulkornain Yusop; Law, Siong Hook - In: Journal of the Asia Pacific economy 15 (2010) 4, pp. 509-529
controversies remain. This study examines the relationships among private capital flows (foreign direct investment and portfolio … investment), financial development and economic performance in a panel of developing countries over the period 1983-2006, by … development. Moreover, foreign direct investment promotes economic growth via efficiency effect, while portfolio investment …