The Landscape of Capital Flows to Low-Income Countries
Author | : Sukhwinder Singh |
Publisher | : International Monetary Fund |
Total Pages | : 80 |
Release | : 2008-02-01 |
ISBN-10 | : 9781451869132 |
ISBN-13 | : 1451869134 |
Rating | : 4/5 (32 Downloads) |
Download or read book The Landscape of Capital Flows to Low-Income Countries written by Sukhwinder Singh and published by International Monetary Fund. This book was released on 2008-02-01 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews trends in capital flows and capital-like flows such as official grants and remittances to low-income countries over the period 1981-2006. The survey reveals a broadbased increase in such flows as a share of low-income country GDP across major regions, countries with differing commodity export composition, and countries with differing debt relief status. The increase in inflows is dominated by an increase in private sector inflows, mostly in the form of private transfers and foreign direct investment. Official sector inflows have remained comparatively constant as a share of low-income country GDP and even declined in the most recent years. The paper concludes with some tentative policy conclusions and has a discussion of data issues in the annexes.