Series: IMF Working Papers
Author(s): Paolo Mauro , and Andrei Levchenko
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2006
Keywords: crises, financial flows, fdi, direct investment, foreign investors, International Monetary Arrangements and Institutions, Financial Aspects of Economic Integration,
There is a debate on whether some forms of financial flows offer better crisis protection than others. Using a large panel of advanced, emerging, and developing countries during 1970-2003, this paper analyzes the b...