Inflows of Capital to Developing Countries in the 1990s
Bibliographic Data
| ID | 4889919 |
|---|---|
| Authors | Guillermo A Calvo (Professor of Economics, University of Maryland, College Park, Maryland.), Leonardo Leiderman (Professor of Economics, Tel Aviv University, Tel Aviv, Israel.), Carmen M Reinhart (International Monetary Fund), Cornel Reinhart (0000-0003-4355-1411, International Monetary Fund) |
| Year | 1996 |
| Volume | 10 |
| Issue | 2 |
| Pages | 123-139 |
| Publication date | 1996-05-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Journal of Economic Perspectives (JOURNAL) |
| Journal identifiers | ISSN: 0895-3309 • E-ISSN: 1944-7965 |
| Publisher | American Economic Association (PUBLISHER • US) |
| DOI | 10.1257/jep.10.2.123 |
| OpenAlex | W2047876229 |
| Language | EN |
| Citations received | 59 |
| References cited | 10 |
Half a decade has passed since the resurgence of international capital flows to many developing countries and history has, once again, shown that foreign investment is prone to repeated booms and busts. Mexico's 1994 crisis is but a recent example that highlights the vulnerability of capital-importing countries to abrupt reversals; thus, an aim of policy is to reduce that vulnerability. This paper discusses the principal causes, facts, and policies that have characterized capital inflows to Asia and Latin America. In particular, the authors examine what policies have proved useful in protecting these economies from the vagaries of international capital flow
Boom · Capital flight · Capital flows · Developing country · Development economics · Economic growth · Economics · Foreign capital · Foreign direct investment · Geography · International economics · International trade · Latin Americans · Macroeconomics · Market economy · Political science · Banking stability, regulation, efficiency · Economic Theory and Policy · Global Financial Crisis and Policies
ICT development and total factor productivity growth
Salidas súbitas de capital en mercados emergentes
On the Structural Weaknesses of the post-1999 Turkish Disinflation Program
La « course aux terres »
Pandemic Shocks and Household Spending
Colombia’s experience with reserve requirements on capital inflows
United States interest rates, Latin American debt and financial contagion
Patterns of Financial Capital Flows and Accumulation in the Post-1990 Turkish Economy
Volatilidad de los flujos de capital hacia paises en desarrollo
Reformas financieras en América Latina, 1990-1998
Foreign direct investment-led growth
Central banking and monetary policy in emerging-markets nations
FDI and economic growth
Does Competition for Capital Discipline Governments? Decentralization, Globalization, and Public Policy
What Drives the Global “Land Rush”
Does human capital constrain the impact of foreign direct investment and remittances on economic growth in Ghana
Calidad de gobierno como motor de atracción de la inversión extranjera directa en los países de América Latina y OECD
Causal relationship between current account and financial account
What motivates Chinese multinational firms to invest in Asia? Poor institutions versus rich infrastructures of a host country
Equilibrium and adjustment of exchange rates in the Chinese silver standard economy, 1928–1935
US monetary policy uncertainty and RMB deviations from covered interest parity
The rise and the fall of the Turkish economic success story under AKP (JDP)
How Presidents Answer the Call of International Capital
A revisit on linkage of hot money, money supply and housing prices in China
Did the ‘Real’ Economy Turn Financial? Mapping the Contours of Financialisation in the Non-Financial Corporate Sector
Manias, Panics and Crashes in Emerging Markets
Governing Global Liquidity
Private capital flows and speculative runs in emerging market economies
Modelling the impact of foreign direct investment and human capital on economic growth
Does institutional difference affect Chinese outward foreign direct investment? Evidence from fuel and non-fuel natural resources
The Slovene economy and monetary convergence
The Indonesian state and the strategic use of foreign capital
Foreign Portfolio Investment Flows to India
A Failure Story
The Real Plan
One more resource curse
Hot money, accounting labels and the permanence of capital flows to developing countries
From domestic power to international subordination
Why Doesn't Capital Flow from Rich to Poor Countries? An Empirical Investigation
A Europe of creditor and debtor states
Towards a pro-poor development strategy for middle-income countries
Infrastructures et flux de capitaux privés vers les pays en développement
Glocalization of social work practice
Fiscal and Monetary Policies Interaction in Crisis
Natural resource or market seeking motive of China’s FDI in asia? New evidence at income and sub-regional level
Water Resources as Determinants for Foreign Direct Investments in Land - A Gravity Analysis of Foreign Land Acquisitions
Introduction
Crises and Crashes
Determinants of Foreign Direct Investment in Africa
Neomonetarismo Tropical
Current account patterns and national real estate markets
Investor Responses to IMF Program Suspensions
Who Recovers First
Explaining Capital Account Liberalization in Latin America
Presidential Success and the World Economy
TheEuroPlusPact
Paths to Financial Policy Diffusion
Capital, Trade, and the Political Economies of Reform
Militarization of the Market and Rent-Seeking Coalitions in Turkey
| Unique citing works | 59 |
|---|---|
| Citations per year | 2,11 |
| Citation span | 1998 - 2025 (28) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 49 |