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Capital Flows To Third World Countries
Essay specific features
Written by:
Roxie V
Date added:
April 15, 2016
Level:
University
Grade:
A
No of pages / words:
68 / 19037
Was viewed:
4267 times
Rating of current essay:
Essay content:
The behaviour
of flows to emerging economies heavily influences both present and potential future flows to
low-income countries. The paper concludes with the policy implications at both source
countries and low-income recipient countries.
September 2002
* Institute of Development Studies, Sussex University
** London School of Economics
QEH Working Paper Series ? QEHWPS89 Page 2
Table of Contents
I Introduction
II New pattern and sharp decline of private flows
III Policy implications
QEH Working Paper Series ? QEHWPS89 Page 3
I Introduction
Since the Asian crisis, there has been a collapse in private capital flows to low-income
developing countries, and emerging economies alike, and sharp changes in the
composition of these flows...
displayed 300 characters
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According to World Bank data, net private flows to lowincome
countries dropped from $32bn in 1997 to just $2bn in 1999, rising slightly to
$4bn in 2000 (see Table 1 below). Net private capital flows to all emerging
economies declined since 1997 and were practically zero in 2000 and 2001, according
to IMF World Economic Outlook data shown in Table 2...
displayed 300 characters
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