World Development Report 1985 International capital flows and economic development: Principal themes of the Bank’s 1985 Report »
Series: Finance & Development
Author(s): International Monetary Fund. External Relations Dept.
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 1985
Keywords: capital flows, current account balance, trade policies, international capital, domestic savings
This paper highlights that international flows of capital can promote global economic efficiency and can allow countries with balance-of-payments deficits to strike the right balance between reducing their deficits...