Sustainability of Private Capital Flows to Developing Countries: Is a Generalized Reversal Likely?

Leonardo Hernández and Heinz Rudolph

Latin American Journal of Economics-formerly Cuadernos de Economía, 1997, vol. 34, issue 102, 237-266

Abstract: Since 1989, there has been a sharp increase in private capital flows toward a select group of developing countries. Developments in 1994 have raised concerns about the sustainability of these flows and the underlying risks of a generalized reversal -simil

Date: 1997
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Latin American Journal of Economics-formerly Cuadernos de Economía is currently edited by Raimundo Soto

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