Series: IMF Working Papers
Author(s): Selin Sayek , Laura Alfaro , Areendam Chanda , and Sebnem Kalemli-Ozcan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2003
Keywords: fdi, financial sector, financial market, foreign capital, Financial Aspects of Economic Integration, Economic Growth of Open Economies,
This paper examines the role financial markets play in the relationship between foreign direct investment (FDI) and economic development. We model an economy with a continuum of agents indexed by their level of abi...