Growth from International Capital Flows : The Role of Volatility Regimes /
Recent commentary has downplayed the growth dividend from international financial integration, highlighting the possibly negative correlation between capital inflows and long-run growth. This paper presents new evidence consistent with standard economic theory and a more benign interpretation of cro...
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| Format: | Journal |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
2011.
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| Series: | IMF Working Papers; Working Paper ;
No. 2011/090 |
| Online Access: | Full text available on IMF |