International Capital Flows and Development: Financial Openness Matters photograph

International Capital Flows And Development: Financial Openness Matters

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Originally published October 2010
Authors Thierry Tressel
Dennis B. S. Reinhardt
Luca Antonio Ricci
Date of Reg.
Date of Upd.
ID1549830
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About International Capital Flows And Development: Financial Openness Matters


Does capital flow from rich to poor countries? We revisit the Lucas paradox and explore the role of capital account restrictions in shaping capital flows at various stages of economic development. . . .

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