Patterns of international capital flows and their implications for economic development

By Eswar S. Prasad, R. Rajan, Arvind Subramanian. 2006

143 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/7e160770a73988596ae67047ecd5f163636e9712

Citations in the corpus

• Domestic Institutions and the Bypass Effect of Financial Globalization (2010, unknown): “Prasad, Rajan, and Subramanian (2006) find that aggregate capital appears to flow " upstream," i.e., from poor to rich countries, while FDI does go " downstream," from rich to poor countries.”
• Current account imbalances and financial integration in the euro area (2011, unknown): “See Lane and Milesi-Ferretti (2006) and Prasad et al. (2006, 2007) for empirical documentations of capital flows between developed and developing countries and emerging market economies.”