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Capital Inflows, Financial Development, and Domestic Investment

Capital Inflows, Financial Development, and Domestic Investment
Author: Ms.Oana Luca
Publisher: International Monetary Fund
Total Pages: 37
Release: 2012-05-01
Genre: Business & Economics
ISBN: 1475518862

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We examine determinants of, and interactions between, capital inflows, financial development, and domestic investment in developing countries during 2001-07, a period of surging global liquidity and low interest rates. Reductions in the global price of risk and in domestic borrowing costs were the main contributors to the increase over time in net capital inflows and domestic credit. However, the large cross-country differences in domestic and international finance are best explained by fundamentals such as institutional quality, access to international export markets, and an appropriate macroeconomic policy. Both private capital inflows and domestic credit exert a positive effect on investment; they also mediate most of the investment impact of the global price of risk and domestic borrowing costs. Surprisingly, neither greater domestic credit nor greater institutional quality increase the extent to which capital inflows translate into domestic investment.


Historical Dictionary of Uganda

Historical Dictionary of Uganda
Author: Joseph Kasule
Publisher: Rowman & Littlefield
Total Pages: 414
Release: 2022-06-22
Genre: History
ISBN: 1538141752

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Uganda is one of the most fascinating countries in Africa. Situated in the middle of the Great Lakes region of Eastern Africa, it is home to diverse flora and fauna. Little wonder Winston Churchill famously named it “the Pearl of Africa”. Neighbored by South Sudan, DRC, Kenya, Tanzania, and Rwanda, Uganda claims the source of the River Nile and a larger share of Victoria, Africa’s largest lake. Uganda’s capital, Kampala is famous for hosting many international conferences and summits including the 2007 Commonwealth Head of Government Meeting. Uganda is witnessing rapid development, overseen by Yoweri Tibuhaburwa Museveni who has served as president since 1986, making him the longest serving leader in Uganda. Museveni came to power on the backdrop of a 5-year guerilla struggle that toppled the regimes of Milton Obote and the military junta of Tito Okello Lutwa. Historical Dictionary of Uganda, Second Edition, covers the history of Uganda using a chronology, an introductory essay, appendixes, and a bibliography. The dictionary section covers many entries on politics, economy, foreign affairs, religion, society, culture, and important personalities. The book provides a quick access for researchers, students, tourists, and anyone interesting in learning about Uganda.


E.R.B. Paper

E.R.B. Paper
Author: Chuo Kikuu cha Dar es Salaam. Economic Research Bureau
Publisher:
Total Pages: 726
Release: 1982
Genre: Tanzania
ISBN:

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Savings and Development

Savings and Development
Author:
Publisher:
Total Pages: 470
Release: 2004
Genre: Africa
ISBN:

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Private Capital Flows to Developing Countries

Private Capital Flows to Developing Countries
Author:
Publisher: World Bank Publications
Total Pages: 432
Release: 1997
Genre: Business & Economics
ISBN: 9780195211160

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This book analyzes the process of international financial integration and the structural forces driving private capital to developing countries. Against this background, it details the potential benefits of integration and the implications of fast-moving global capital flows for emerging economics. Examining the experience of countries that have attracted substantial private capital flows, the book provides invaluable guidance as to what works and what doesn't during the transition to financial integration. It will be of compelling interest to policymakers and also to international investors and bankers, financial analysts, and researchers.