Is the USA depriving the rest of the world of capital?

Anton Konrad

Intereconomics – Review of European Economic Policy (1966 - 1988), 1984, vol. 19, issue 6, 263-266

Abstract: High American interest rates and confident expectations about the future dollar exchange rate have exerted an unprecedented attraction on foreign capital in the past two years. Gross capital inflows into the USA came to as much as $ 89 billion and $ 83 billion in 1982 and 1983 respectively. It is widely held that this is depleting the supply of capital to the rest of the world. Is this view justified?

Keywords: USA (search for similar items in EconPapers)
Date: 1984
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:inteco:139942

DOI: 10.1007/BF02928349

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