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International Capital Flows

Macroeconomics and Growth Research Program

The research on international capital flows studies the following type of questions: 

  • Why does capital flow from rich to poor countries? 
  • How do capital flows to developing countries behave?
  • What are the effects of those flows? 
  • Who channel those flows? 
  • What should governments do to manage capital flows safely?

Resource persons

  • Norman V. Loayza
  • Sergio Schmukler

Publications and Working Papers

Journal articles, book chapters, and other publications
This page lists recent scholarly publications by staff working in the area of Macroeconomics and Growth.  Publications are organized by topic and appear in reverse chronological order.

ThePolicy Research Working Paper Series dissseminates findings of work in progress to encourage the exchange of ideas about development issues.  These are official working papers of the World Bank and are drawn from the World Bank's institutional archives. Each link opens a page with an abstract of the document and several download options. Choose the 'light-weight documents' option for easy download.

Library

WPS4184Stock market development under globalization : whither the gains from reforms ?de la Torre, Augusto; Gozzi, Juan Carlos; Schmukler, Sergio L.2007/04
WPS4156Capital market development : whither Latin America ?de la Torre, Augusto; Gozzi, Juan Carlos; Schmukler, Sergio L.2007/03
WPS3320Country PortfoliosKraay, Aart; Loayza, Norman; Serven, Luis; Ventura, Jaume2004/06
WPS3200When is external debt sustainable?Kraay, Aart; Nehru, Vikram2004/02
WPS3192Greenfield foreign direct investment and mergers and acquisitions - feedback and macroeconomic effectsCalderon, Cesar; Loayza, Norman; Serven, Luis2004/01
More...



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