FDI Spillovers, Financial Markets, and Economic Development /

This paper examines the role financial markets play in the relationship between foreign direct investment (FDI) and economic development. We model an economy with a continuum of agents indexed by their level of ability. Agents can either work for the foreign company or undertake entrepreneurial acti...

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Bibliographic Details
Main Author: Sayek, Selin
Other Authors: Alfaro, Laura, Chanda, Areendam, Kalemli-Ozcan, Sebnem
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2003.
Series:IMF Working Papers; Working Paper ; No. 2003/186
Online Access:Full text available on IMF