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countries over the past two decades, emphasizing the relative significance of direct versus portfolio investment. It … distinguishes between foreign direct investment, portfolio equity investment, official reserves, and external debt. Second, the … statistically significantly associated with foreign direct investment in Arab countries. Financial development (defined as credit to …
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. Our empirical analysis shows that euro area investors (in particular investment funds and households) actively rebalanced …
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savings outside its borders. However, Germany plays in the third division when it comes to investment performance, as we show …
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