Argentina and the World Capital Market: Saving, Investment, and International Capital Mobility in the Twentieth Century

Alan Taylor

No 6302, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper is concerned with integration in the world capital market between the" economies of the core and periphery in the twentieth century. It proceeds with some general" observations and with a special focus on the case of Argentina. I will argue that understanding" the changing relations in international capital markets offers important insights into the growth" and development process, especially for the countries of the periphery. Moreover extent of market integration in history informs current conditions in the relationship between" capital-scarce economies, like Argentina, and the global capital market as a whole. Looking to" the future, the repercussions of economic reform and demographic change suggest likely" implications for future saving, investment, and international capital flows."

JEL-codes: F41 F43 (search for similar items in EconPapers)
Date: 1997-12
Note: IFM DAE
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Published as Journal of Development Economics, Vol. 57, no. 1 (October 1998): 147-184.

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Journal Article: Argentina and the world capital market: saving, investment, and international capital mobility in the twentieth century (1998)
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