Foreign Capital
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Why doesn’t global capital flow to where it’s most productive, in developing countries?
International capital flows can boost global growth and reduce inequality, but numerous geopolitical barriers distort where investment goes – often away from developing countries where it is most productive. Removing these barriers could increase glo...
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Should low-income countries open up to foreign capital? The India experiment
Better access to foreign capital reduces misallocation and stimulates growth, with the highest gains where local capital markets are least developed