IDEAS home Printed from https://ideas.repec.org/a/ris/eaerev/0245.html

Too Much, Too Little, or Too Volatile? International Capital Flows to Developing Countries in the 1990s

Author

Listed:
  • Peter Nunnenkamp

    (Kiel Institute of World Economics)

Abstract

Developing countries are constrained in financing current account deficits as real capital mobility is still far from perfect. At the same time, capital flows to these countries proved to be extremely volatile. The paper argues that the long-term problem of "too little" should not be confused with the short-term problem of "too volatile". The former is related to sovereign risk, which may be difficult to overcome. The latter could be kept within limits by financial restructuring towards relatively stable types of capital flows.

Suggested Citation

  • Peter Nunnenkamp, 2001. "Too Much, Too Little, or Too Volatile? International Capital Flows to Developing Countries in the 1990s," East Asian Economic Review, Korea Institute for International Economic Policy, vol. 5(1), pages 119-147.
    • Handle: RePEc:ris:eaerev:0245
    DOI: 10.11644/KIEP.JEAI.2001.5.1.79
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.11644/KIEP.JEAI.2001.5.1.79
    File Function: Full text
    Download Restriction: no
    File URL: https://libkey.io/10.11644/KIEP.JEAI.2001.5.1.79?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jungnickel, Rolf, 2004. "German FDI in Latin America and Caribbean in the Wake of the Crisis," Report Series 26069, Hamburg Institute of International Economics.
    2. Jungnickel, Rolf, 2004. "German FDI in Latin America and Caribbean in the wake of the crisis," HWWA Reports 249, Hamburg Institute of International Economics (HWWA).
    3. Nunnenkamp, Peter, 2006. "Comment on: "Chances and Limits of South-South Monetary Coordination" by Jan Kregel," Open Access Publications from Kiel Institute for the World Economy 18040, Kiel Institute for the World Economy (IfW Kiel).
    4. Peter Nunnenkamp, 2002. "Targeting Aid: What the World Bank Has (Not) Achieved," East Asian Economic Review, Korea Institute for International Economic Policy, vol. 6(1), pages 87-111.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:eaerev:0245. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: JE Lee (email available below). General contact details of provider: https://edirc.repec.org/data/kieppkr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.