Capital Flows to EU New Member States : Does Sector Destination Matter? /

The recent boom-bust episode in Emerging Europe was largely the product of surges and sudden stops in capital inflows. This paper empirically argues that the sectors into which capital flows determines their impact on GDP growth. Applying data from EU New Member States, it is found that capital flow...

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Dettagli Bibliografici
Autore principale: Mitra, Pritha
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2011.
Serie:IMF Working Papers; Working Paper ; No. 2011/067
Accesso online:Full text available on IMF