conclude that financing growth and investment out of foreign savings, while not impossible, is risky. …A surprisingly large number of countries have been able to finance a significant fraction of domestic investment using … important than private finance, we also identify a number of episodes where a substantial fraction of domestic investment was …

concludes that financing growth and investment out of foreign savings, while not impossible, is risky. …A surprisingly large number of countries have been able to finance a significant fraction of domestic investment using … investment was financed via private capital inflows. That said, foreign savings are not a good substitute for domestic savings …

emerging economies. Our results suggest that dollarisation is associated with similar economic growth levels as other exchange … rate regimes. However, it comes with the cost of more negative current account balance growth rates and heightened growth … volatility, especially in the past decade. Nevertheless, dollarised countries benefit from higher levels of investment and trade …

investment decisions play with regard to business cycle fluctuations.<br><br>However, the inclusion of real option values in …, requires a fundamental theoretical discussion regarding the modeling of uncertainty and its consequences in economic and growth … crisis. Within a partial investment model, two kinds of uncertainty are introduced: volatility and disaster risk. The article …

concludes that financing growth and investment out of foreign savings, while not impossible, is risky …A surprisingly large number of countries have been able to finance a significant fraction of domestic investment using … investment was financed via private capital inflows. That said, foreign savings are not a good substitute for domestic savings …