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Dipak Das Gupta
Private portfolio flows to a country tend to rise in response to an increase in the current account deficit, a rise in foreign direct investment flows, higher per capita income, and growth performance. The most important determinant of official lending to a developing country seems to be the external current account balance or a change in international reserves in the country.
| Publisher | World Bank, Middle East and North Africa Region, Social and Economic Development Group, Development Prospects Group |
|---|---|
| Pages | 23 |
| Search language | english |
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