positive impact on its capital inflows, namely portfolio and foreign direct investment (FDI). The purpose of our study is to … explicitly quantify information asymmetries by compliance with the IMF's Special Data Dissemination Standard (SDDS). For FDI, we … determinants of portfolio and FDI flows and use a non-parametric test for spatial correlation in the residuals of capital flows. …

foreign direct investment (FDI) inflows, political institutions are central to explaining why some countries are more … levels of FDI inflows. Third, the International Monetary Fund, often cited as a catalyst for promoting foreign investment …, actually deters multinationals from investment in countries under IMF programs. Even after controlling for the factors that …