Portfolio Capital Flows: Not an unmitigated blessing. A literature survey
This paper is a literature survey on capital flows to developing countries. It analyzes the characteristics of the different components of capital flows. It also focuses on the factors, internal and external, that make capital flow into developing countries, as well as on the consequences of these f...
- Autores:
-
Cecilia Maya Ochoa
- Tipo de recurso:
- Fecha de publicación:
- 2019
- Institución:
- Universidad EAFIT
- Repositorio:
- Repositorio EAFIT
- Idioma:
- eng
- OAI Identifier:
- oai:repository.eafit.edu.co:10784/14118
- Acceso en línea:
- http://hdl.handle.net/10784/14118
- Palabra clave:
- Capital Flows
Portfolio Investment
Short-term Capital.
- Rights
- License
- Copyright © 2002 Cecilia Maya Ochoa
id |
REPOEAFIT2_9c770712e8565c67589233ce5b2966ee |
---|---|
oai_identifier_str |
oai:repository.eafit.edu.co:10784/14118 |
network_acronym_str |
REPOEAFIT2 |
network_name_str |
Repositorio EAFIT |
repository_id_str |
|
spelling |
Medellín de: Lat: 06 15 00 N degrees minutes Lat: 6.2500 decimal degrees Long: 075 36 00 W degrees minutes Long: -75.6000 decimal degrees23/05/20022019-10-04T14:41:33Z23/05/20022019-10-04T14:41:33Z2256-43221692-0279http://hdl.handle.net/10784/14118This paper is a literature survey on capital flows to developing countries. It analyzes the characteristics of the different components of capital flows. It also focuses on the factors, internal and external, that make capital flow into developing countries, as well as on the consequences of these flows -and their reversals- on the health of the recipient economies. Finally, it surveys the policies that have been implemented to handle them in search for the most recommendable ones. Its main conclusion is that capital inflows play a very important role for developing countries by being an alternative for these economies to undergo a path of growth, a possibility that otherwise will be undermined by the lack of sufficient domestic savings. However, there is a large number of risks associated with capital inflows which are magnified by the fact that capital-importing countries usually do not have neither adequate institutions, deep financial markets, strong banking systems, nor enough macroeconomic expertise. All these factors put together make capital inflows to developing countries “notan unmitigated blessing”text/htmlengUniversidad EAFIThttp://publicaciones.eafit.edu.co/index.php/administer/article/view/668http://publicaciones.eafit.edu.co/index.php/administer/article/view/668Copyright © 2002 Cecilia Maya OchoaAcceso abiertohttp://purl.org/coar/access_right/c_abf2instname:Universidad EAFITreponame:Repositorio Institucional Universidad EAFITAD-minister: No 01 (2002)Portfolio Capital Flows: Not an unmitigated blessing. A literature surveyarticleinfo:eu-repo/semantics/articlepublishedVersioninfo:eu-repo/semantics/publishedVersionArtículohttp://purl.org/coar/version/c_970fb48d4fbd8a85http://purl.org/coar/resource_type/c_6501http://purl.org/coar/resource_type/c_2df8fbb1Capital FlowsPortfolio InvestmentShort-term Capital.Cecilia Maya OchoaUniversidad EAFITAD-minister13948THUMBNAILminiatura-administer.jpgminiatura-administer.jpgimage/jpeg8755https://repository.eafit.edu.co/bitstreams/b9f0bfbd-bee4-4c6d-8458-891d9bcefdc7/download87c28d32b620f3408b1c70a3c505fbd8MD53ORIGINALPortfolio Capital FlowsNot an unmitigated blessing. A literature survey..pdfPortfolio Capital FlowsNot an unmitigated blessing. A literature survey..pdfTexto completo PDFapplication/pdf165720https://repository.eafit.edu.co/bitstreams/cdf07735-52c3-43f1-a648-6a2aaf940cb7/downloadd3976e8167f9be56a6c4c4367ae86101MD51articulo.htmlarticulo.htmlTexto completo HTMLtext/html373https://repository.eafit.edu.co/bitstreams/01673422-5a86-4bb8-b2e7-bd0b09f02a0f/download91d9386860268274f26a6b5b90b42146MD5210784/14118oai:repository.eafit.edu.co:10784/141182019-11-27 10:09:04.908open.accesshttps://repository.eafit.edu.coRepositorio Institucional Universidad EAFITrepositorio@eafit.edu.co |
dc.title.eng.fl_str_mv |
Portfolio Capital Flows: Not an unmitigated blessing. A literature survey |
title |
Portfolio Capital Flows: Not an unmitigated blessing. A literature survey |
spellingShingle |
Portfolio Capital Flows: Not an unmitigated blessing. A literature survey Capital Flows Portfolio Investment Short-term Capital. |
title_short |
Portfolio Capital Flows: Not an unmitigated blessing. A literature survey |
title_full |
Portfolio Capital Flows: Not an unmitigated blessing. A literature survey |
title_fullStr |
Portfolio Capital Flows: Not an unmitigated blessing. A literature survey |
title_full_unstemmed |
Portfolio Capital Flows: Not an unmitigated blessing. A literature survey |
title_sort |
Portfolio Capital Flows: Not an unmitigated blessing. A literature survey |
dc.creator.fl_str_mv |
Cecilia Maya Ochoa |
dc.contributor.author.spa.fl_str_mv |
Cecilia Maya Ochoa |
dc.contributor.affiliation.spa.fl_str_mv |
Universidad EAFIT |
dc.subject.keyword.eng.fl_str_mv |
Capital Flows Portfolio Investment Short-term Capital. |
topic |
Capital Flows Portfolio Investment Short-term Capital. |
description |
This paper is a literature survey on capital flows to developing countries. It analyzes the characteristics of the different components of capital flows. It also focuses on the factors, internal and external, that make capital flow into developing countries, as well as on the consequences of these flows -and their reversals- on the health of the recipient economies. Finally, it surveys the policies that have been implemented to handle them in search for the most recommendable ones. Its main conclusion is that capital inflows play a very important role for developing countries by being an alternative for these economies to undergo a path of growth, a possibility that otherwise will be undermined by the lack of sufficient domestic savings. However, there is a large number of risks associated with capital inflows which are magnified by the fact that capital-importing countries usually do not have neither adequate institutions, deep financial markets, strong banking systems, nor enough macroeconomic expertise. All these factors put together make capital inflows to developing countries “notan unmitigated blessing” |
publishDate |
2019 |
dc.date.available.none.fl_str_mv |
2019-10-04T14:41:33Z |
dc.date.accessioned.none.fl_str_mv |
2019-10-04T14:41:33Z |
dc.date.issued.none.fl_str_mv |
23/05/2002 |
dc.date.none.fl_str_mv |
23/05/2002 |
dc.type.eng.fl_str_mv |
article info:eu-repo/semantics/article publishedVersion info:eu-repo/semantics/publishedVersion |
dc.type.coarversion.fl_str_mv |
http://purl.org/coar/version/c_970fb48d4fbd8a85 |
dc.type.coar.fl_str_mv |
http://purl.org/coar/resource_type/c_6501 http://purl.org/coar/resource_type/c_2df8fbb1 |
dc.type.local.spa.fl_str_mv |
Artículo |
status_str |
publishedVersion |
dc.identifier.issn.none.fl_str_mv |
2256-4322 1692-0279 |
dc.identifier.uri.none.fl_str_mv |
http://hdl.handle.net/10784/14118 |
identifier_str_mv |
2256-4322 1692-0279 |
url |
http://hdl.handle.net/10784/14118 |
dc.language.iso.eng.fl_str_mv |
eng |
language |
eng |
dc.relation.isversionof.none.fl_str_mv |
http://publicaciones.eafit.edu.co/index.php/administer/article/view/668 |
dc.relation.uri.none.fl_str_mv |
http://publicaciones.eafit.edu.co/index.php/administer/article/view/668 |
dc.rights.eng.fl_str_mv |
Copyright © 2002 Cecilia Maya Ochoa |
dc.rights.coar.fl_str_mv |
http://purl.org/coar/access_right/c_abf2 |
dc.rights.local.spa.fl_str_mv |
Acceso abierto |
rights_invalid_str_mv |
Copyright © 2002 Cecilia Maya Ochoa Acceso abierto http://purl.org/coar/access_right/c_abf2 |
dc.format.none.fl_str_mv |
text/html |
dc.coverage.spatial.eng.fl_str_mv |
Medellín de: Lat: 06 15 00 N degrees minutes Lat: 6.2500 decimal degrees Long: 075 36 00 W degrees minutes Long: -75.6000 decimal degrees |
dc.publisher.spa.fl_str_mv |
Universidad EAFIT |
dc.source.none.fl_str_mv |
instname:Universidad EAFIT reponame:Repositorio Institucional Universidad EAFIT |
dc.source.spa.fl_str_mv |
AD-minister: No 01 (2002) |
instname_str |
Universidad EAFIT |
institution |
Universidad EAFIT |
reponame_str |
Repositorio Institucional Universidad EAFIT |
collection |
Repositorio Institucional Universidad EAFIT |
bitstream.url.fl_str_mv |
https://repository.eafit.edu.co/bitstreams/b9f0bfbd-bee4-4c6d-8458-891d9bcefdc7/download https://repository.eafit.edu.co/bitstreams/cdf07735-52c3-43f1-a648-6a2aaf940cb7/download https://repository.eafit.edu.co/bitstreams/01673422-5a86-4bb8-b2e7-bd0b09f02a0f/download |
bitstream.checksum.fl_str_mv |
87c28d32b620f3408b1c70a3c505fbd8 d3976e8167f9be56a6c4c4367ae86101 91d9386860268274f26a6b5b90b42146 |
bitstream.checksumAlgorithm.fl_str_mv |
MD5 MD5 MD5 |
repository.name.fl_str_mv |
Repositorio Institucional Universidad EAFIT |
repository.mail.fl_str_mv |
repositorio@eafit.edu.co |
_version_ |
1814110296104501248 |