Issues Regarding the Composition of Capital Flows

نویسنده

  • John Williamson
چکیده

International capital flows can take many forms, from foreign direct investment (FDI) to loans to bonds to bank credits to equity, originating in either the public or the private sector and being channeled to either the public or private sector, where the latter may constitute either banks or other financial institutions or corporates or individuals. The characteristics of capital flowing in these different forms can differ markedly, and it is therefore important to borrowing countries to have an appreciation of the range of options and of the costs and benefits of the alternatives available. The aim of this paper is to provide a guide to the issues involved in choosing among alternative forms of capital flow.

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تاریخ انتشار 2010