This report provides a broad overview of the recent capital inflows to developing countries caused by large amounts of foreign capital arriving in the form of syndicated bank loans directed almost exclusively to public sector borrowers. Relying upon prior work done by the author, the report reviews various characteristics of the recent capital inflow episode, surveys empirical literature on the factors driving capital inflows, and examines the policy...
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INFORMATION
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1998/01/01
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Document de travail du WBI
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19671
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1
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1
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2010/07/01
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Disclosed
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The capital inflow problem
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Capital Inflows
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