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International capital flows: recent developments, major determinants, and the position of Brazil in worldwide competition for foreign capital

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  • Nunnenkamp, Peter
  • Funke, Norbert
  • Schweickert, Rainer
Abstract
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  • Nunnenkamp, Peter & Funke, Norbert & Schweickert, Rainer, 1992. "International capital flows: recent developments, major determinants, and the position of Brazil in worldwide competition for foreign capital," Kiel Working Papers 509, Kiel Institute for the World Economy (IfW Kiel).
    • Handle: RePEc:zbw:ifwkwp:509
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    File URL: https://www.econstor.eu/bitstream/10419/1177/1/256658897.pdf
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    References listed on IDEAS

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    1. Nunnenkamp, Peter, 1991. "What are the future prospects for the Third World? Current problems and conclusions for development co-operation," Open Access Publications from Kiel Institute for the World Economy 1474, Kiel Institute for the World Economy (IfW Kiel).
    2. Fischer, Bernhard & Herken-Krauer, Juan-Carlos & Lücke, Matthias & Nunnenkamp, Peter, 1988. "Capital-intensive industries in newly industrializing countries: the case of the Brazilian automobile and steel industries," Open Access Publications from Kiel Institute for the World Economy 411, Kiel Institute for the World Economy (IfW Kiel).
    3. Joshua Greene & Delano Villanueva, 1991. "Private Investment in Developing Countries: An Empirical Analysis," IMF Staff Papers, Palgrave Macmillan, vol. 38(1), pages 33-58, March.
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    5. Jeffrey D. Sachs, 1989. "Introduction to "Developing Country Debt and Economic Performance, Volume 1: The International Financial System"," NBER Chapters, in: Developing Country Debt and Economic Performance, Volume 1: The International Financial System, pages 1-36, National Bureau of Economic Research, Inc.
    6. Kenneth A. Froot & Jeremy C. Stein, 1991. "Exchange Rates and Foreign Direct Investment: An Imperfect Capital Markets Approach," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(4), pages 1191-1217.
    7. Riveros, Luis A., 1989. "International differences in wage and nonwage labor costs," Policy Research Working Paper Series 188, The World Bank.
    8. Hanson, James A, 1974. "Optimal International Borrowing and Lending," American Economic Review, American Economic Association, vol. 64(4), pages 616-630, September.
    9. Daniel Cohen & Jeffrey Sachs, 1991. "Growth and External Debt Under Risk of Debt Repudiation," NBER Chapters, in: International Volatility and Economic Growth: The First Ten Years of The International Seminar on Macroeconomics, pages 437-472, National Bureau of Economic Research, Inc.
    10. Lächler, Ulrich, 1985. "Debt versus equity in development finance," Kiel Working Papers 248, Kiel Institute for the World Economy (IfW Kiel).
    11. Stüven, Volker, 1988. "Incentive effects of self-enforcing contracts in international lending," Kiel Working Papers 341, Kiel Institute for the World Economy (IfW Kiel).
    12. Kravis, Irving B. & Lipsey, Robert E., 1982. "The location of overseas production and production for export by U.S. multinational firms," Journal of International Economics, Elsevier, vol. 12(3-4), pages 201-223, May.
    13. Paul R. Krugman, 1989. "Private Capital Flows to Problem Debtors," NBER Chapters, in: Developing Country Debt and Economic Performance, Volume 1: The International Financial System, pages 299-330, National Bureau of Economic Research, Inc.
    14. Peter Nunnenkamp, 1990. "Determinants of Voluntary and Involuntary Bank Lending to Developing Countries in the 1980s," Kyklos, Wiley Blackwell, vol. 43(4), pages 555-577, November.
    15. Jonathan Eaton & Mark Gersovitz & Joseph E. Stiglitz, 1991. "The Pure Theory of Country Risk," NBER Chapters, in: International Volatility and Economic Growth: The First Ten Years of The International Seminar on Macroeconomics, pages 391-435, National Bureau of Economic Research, Inc.
    16. Edwards, Sebastian, 1986. "The pricing of bonds and bank loans in international markets : An empirical analysis of developing countries' foreign borrowing," European Economic Review, Elsevier, vol. 30(3), pages 565-589, June.
    17. Gupta, Vinod K, 1983. "A Simultaneous Determination of Structure, Conduct and Performance in Canadian Manufacturing," Oxford Economic Papers, Oxford University Press, vol. 35(2), pages 281-301, July.
    18. Ulrich Lächler & Peter Nunnenkamp, 1987. "The effects of debt versus equity inflows on savings and growth in developing economies," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 123(4), pages 631-650, December.
    19. Rolf Langhammer, 1991. "Competition among developing countries for foreign investment in the eighties — Whom did OECD investors prefer?," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 127(2), pages 390-403, June.
    20. Zaidi, Iqbal Mehdi, 1985. "Saving, investment, fiscal deficits, and the external indebtedness of developing countries," World Development, Elsevier, vol. 13(5), pages 573-588, May.
    21. Picht, Hartmut & Stüven, Volker, 1988. "Selective and unspecific expropriation of foreign direct investments: Empirical evidence and implications for the debt crisis," Kiel Working Papers 344, Kiel Institute for the World Economy (IfW Kiel).
    22. Hiemenz Ulrich, 1991. "Vision für die neunziger Jahre : Die Entwicklungsländer auf dem Abstellgleis?," Zeitschrift für Wirtschaftspolitik, De Gruyter, vol. 40(1-3), pages 35-56, September.
    23. Jeffrey D. Sachs, 1989. "Developing Country Debt and Economic Performance. The International Financial System," NBER Chapters, in: Developing Country Debt and Economic Performance, Volume 1: The International Financial System, pages -12, National Bureau of Economic Research, Inc.
    24. Schneider, Friedrich & Frey, Bruno S., 1985. "Economic and political determinants of foreign direct investment," World Development, Elsevier, vol. 13(2), pages 161-175, February.
    25. Nunnenkamp, Peter, 1989. "The structure of external financing in Malaysia: the policy framework for foreign direct investment and debt inflows," Kiel Working Papers 368, Kiel Institute for the World Economy (IfW Kiel).
    26. Agarwal, Jamuna Prasad & Gubitz, Andrea & Nunnenkamp, Peter, 1991. "Foreign direct investment in developing countries: the case of Germany," Open Access Publications from Kiel Institute for the World Economy 423, Kiel Institute for the World Economy (IfW Kiel).
    27. repec:bla:kyklos:v:43:y:1990:i:4:p:555-77 is not listed on IDEAS
    28. Hiemenz Ulrich, 1991. "Vision für die neunziger Jahre : Die Entwicklungsländer auf dem Abstellgleis?," Zeitschrift für Wirtschaftspolitik, De Gruyter, vol. 40(1-3), pages 35-56, September.
    29. Stiglitz, Joseph E & Weiss, Andrew, 1981. "Credit Rationing in Markets with Imperfect Information," American Economic Review, American Economic Association, vol. 71(3), pages 393-410, June.
    30. Edwards, Sebastian, 1984. "LDC Foreign Borrowing and Default Risk: An Empirical Investigation, 1976-80," American Economic Review, American Economic Association, vol. 74(4), pages 726-734, September.
    31. Ffrench-Davis, Ricardo, 1990. "Debt-Equity Swaps in Chile," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 14(1), pages 109-126, March.
    32. Mr. Mohamed A. El-Erian, 1991. "The Restoration of Latin America's Access to Voluntary Capital Market Financing: Developments and Prospects," IMF Working Papers 1991/074, International Monetary Fund.
    33. Corsepius, Uwe & Nunnenkamp, Peter & Schweickert, Rainer, 1989. "Debt versus equity finance in developing countries: An empirical analysis of the agent-principal model of internat. capital transfers," Open Access Publications from Kiel Institute for the World Economy 328, Kiel Institute for the World Economy (IfW Kiel).
    34. Jeffrey D. Sachs, 1989. "Developing Country Debt and Economic Performance, Volume 1: The International Financial System," NBER Books, National Bureau of Economic Research, Inc, number sach89-1.
    35. Eaton, Jonathan & Gersovitz, Mark, 1980. "LDC participation in international financial markets : Debt and reserves," Journal of Development Economics, Elsevier, vol. 7(1), pages 3-21, February.
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    Cited by:

    1. Nunnenkamp, Peter, 1993. "The return of foreign capital to Latin America: good news from the reform front or a case for policy intervention?," Kiel Working Papers 574, Kiel Institute for the World Economy (IfW Kiel).
    2. Funke, Norbert & Nunnenkamp, Peter & Schweickert, Rainer, 1992. "Brazil: Another lost decade? Domestic policies and attractiveness for foreign capital," Kiel Discussion Papers 188, Kiel Institute for the World Economy (IfW Kiel).

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