The capital flow conundrum: "Uri Dadush, Bennett Stancil, 5 July 2011
Economists and policymakers alike tend to assume that capital should flow from rich to poor countries, but in recent years the opposite has happened. This column explains why and warns that developing countries should not assume they can or should run large current deficits simply because they are poor.
Full Article: The capital flow conundrum "
Economists and policymakers alike tend to assume that capital should flow from rich to poor countries, but in recent years the opposite has happened. This column explains why and warns that developing countries should not assume they can or should run large current deficits simply because they are poor.
Full Article: The capital flow conundrum "
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