L’investissement direct étranger (IDE) est-il préférable à d’autres flux de capitaux, comme les prêts bancaires ? Telle est la question centrale traitée ici. La part de l’IDE dans l’ensemble des flux en direction de l’Amérique latine a indiscutablement augmenté, mais il n’est...

Countries receiving large-scale capital inflows are at risk if these flows do not find their way into productive and long-term investment, as the Asian crisis of the late 1990s has proven. This book, the result of a joint project between the OECD Development Centre and the UN Economic Commission...

This paper focuses on the scope for stabilizing Latin American economies to repatriate capital for the financing of long-term investments and economic recovery in the region. In particular, a simple two-period investment model is developed to show that a government seeking capital repatriation...

This paper analyses the impact of a specific type of banking regulation on operations in foreign currency, defined as currency-based capital flow management measures (CB-CFMs), on cross-border banking flows in a sample of 18 countries over the period 2005 to 2013. The results show that the...