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Summary and Conclusions

  • Philipp Harms

Abstract

This book has presented a variety of empirical facts and theoretical models on the determinants and effects of capital flows to developing countries. It has shown that international investment can be a crucial factor in releasing poor economies from a stage of low and unstable growth, and it has offered an explanation why, despite profitable investment opportunities and potential benefits from international diversification, many developing countries attract only low volumes of private capital flows.

Keywords

Foreign Direct Investment American Economic Review Capital Flow Capital Mobility Capital Inflow 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media New York 2000

Authors and Affiliations

  • Philipp Harms
    • 1
  1. 1.University of KonstanzGermany

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