Debt-Equity Composition of International Investment.
Capital flows to the nonindustrial countries share three striking characteristics. First, the bulk, of these flows was in the form of debt, not equity; second, the loans were mostly to, or guaranteed by, debtor governments; and third, these debts were largely bank loans, not bonds. This paper examin...
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Format: | Zeitschrift |
Sprache: | English |
Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
1988.
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Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 1988/008 |
Online Zugang: | Full text available on IMF |