Local Corruption and Global Capital Flows
نویسندگان
چکیده
منابع مشابه
Global Capital Flows and Financing Constraints
Firms often cite financing constraints as one of their primary obstacles to investment. Global capital flows, by bringing in scarce capital, may ease host-country firms' financing constraints. However, if incoming foreign investors borrow heavily from domestic banks, multinational firms may exacerbate financing constraints by crowding host-country firms out of domestic capital markets. Combinin...
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ژورنال
عنوان ژورنال: Brookings Papers on Economic Activity
سال: 2000
ISSN: 1533-4465
DOI: 10.1353/eca.2000.0021