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

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?

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Year of publication:	1984
Authors:	Konrad, Anton
Published in:	Intereconomics. - Hamburg : Verlag Weltarchiv, ISSN 0020-5346. - Vol. 19.1984, 6, p. 263-266
Publisher:	Hamburg : Verlag Weltarchiv
Subject:	USA

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Type of publication:	Article
Type of publication (narrower categories):	Article
Language:	English
Other identifiers:	10.1007/BF02928349 [DOI] 871522373 [GVK] hdl:10419/139942 [Handle] RePEc:zbw:inteco:139942 [RePEc]
Source:	EconStor

Persistent link: https://www.econbiz.de/10011470137