Portfolio Flows, Macroeconomic Policy and Global Poverty

Christian E. Weller and Radha Chaurushiya

Chapter 5 in Pro-Poor Macroeconomics, 2006, pp 97-118 from Palgrave Macmillan

Abstract: Abstract Globalization has been one of the most pertinent and also most controversial economic forces of recent decades. Often referring to the opening of countries to more capital and trade flows, globalization has been praised as a crucial vehicle for faster growth and rising living standards in developing economies, but also criticized for increasing financial instability in emerging economies.

Keywords: Foreign Direct Investment; Poverty Reduction; Capital Flow; Capital Inflow; Macroeconomic Policy (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:pal:sopchp:978-0-230-62790-1_5

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DOI: 10.1057/9780230627901_5

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