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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Bibliographic Details
Main Author: Murshid, Antu
Other Authors: Mody, Ashoka
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2011.
Series:IMF Working Papers; Working Paper ; No. 2011/090
Online Access:Full text available on IMF