Series: IMF Working Papers
Author(s): Norbert Funke , Faisal Ahmed , and Rabah Arezki
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2005
Keywords: Composition of capital flows, exchange rate volatility, financial development, fdi, capital flows, capital inflows, direct investment, foreign direct investment,
Over the past decade, South Africa has attracted relatively little foreign direct investment (FDI), but considerable amounts of portfolio inflows. In this context, the objective of the paper is twofold: to identify...