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Country Portfolios

Capital flows to developing countries are small and take mostly the form of loans rather than direct foreign investment. We build a simple model of North-South capital flows that highlights the interplay between diminishing returns, production risk...

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Bibliographic Details
Main Authors: Kraay, Aart, Loayza, Norman, Servén, Luis, Ventura, Jaume
Language:English
en_US
Published: World Bank, Washington, D.C. 2013
Subjects:
CAPITAL FLOW
DEVELOPING COUNTRIES
LOANS
FOREIGN INVESTMENT
CAPITAL STOCKS
LENDING
IMPORTS
POOR COMMUNITIES
HUMAN CAPITAL
TECHNOLOGY
GROSS DOMESTIC PRODUCT ASSET PRICES
ASSETS
ASYMMETRIC INFORMATION
BENCHMARK
BONDS
BORROWING
CAPITAL FLOWS
DEBT
DIMINISHING RETURNS
DISTRIBUTION OF WEALTH
EQUALIZATION
EQUATIONS
EQUILIBRIUM
EXPECTED RETURN
EXPECTED VALUE
EXPROPRIATION
EXTERNALITY
FINANCIAL MARKETS
FINANCIAL TRANSACTIONS
FOREIGN ASSETS
FOREIGN DIRECT INVESTMENT
FOREIGN INVESTORS
GDP
INCOME
INEFFICIENCY
INTEREST RATE
INTEREST RATES
INTERNATIONAL FINANCIAL TRANSACTIONS
INTERNATIONAL TRADE
LAWS
MARGINAL PRODUCT
MARGINAL UTILITY
MARGINAL VALUE
MORAL HAZARD
NASH EQUILIBRIUM
PENALTIES
PORTFOLIO
PORTFOLIO DIVERSIFICATION
PORTFOLIOS
PROBABILITY OF DEFAULT
PRODUCTION TECHNOLOGY
PRODUCTIVITY
RISK PREMIUM
RISK SHARING
SECURITIES
SOVEREIGN RISK
WEALTH
Online Access:http://documents.worldbank.org/curated/en/2004/06/4979487/country-portfolios
http://hdl.handle.net/10986/14013

Internet

http://documents.worldbank.org/curated/en/2004/06/4979487/country-portfolios
http://hdl.handle.net/10986/14013

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