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External Capital Structure: Theory and Evidence Author info | Abstract | Publisher info | Download info | Related research | Statistics Lane, Philip R.
Milesi-Ferretti, Gian Maria
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Recent years have witnessed a change in the composition of capital flows to developing countries, and FDI and equity flows have been playing an increasing role. In this paper we discuss the challenges for international macroeconomics that these developments pose and characterize stylized facts associated with the structure of external liabilities in developing countries, focusing in particular on FDI and equity stocks.
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Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number
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Date of creation: Oct 2000Date of revision:
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Keywords: External Debt Foreign Direct Investment Net Foreign Assets Portfolio Equity Other versions of this item:
Find related papers by JEL classification: F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements F34 - International Economics - - International Finance - - - International Lending and Debt Problems
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