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Capital Flows To Third World Countries

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Title: Capital Flows To Third World Countries
Essay Details
Subject: Business
Date: January 5, 2004
Length: 68 / 19037
No of views: 0
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This would imply that the presence of foreign companies, banks and other investors in developing economies would no longer contribute foreign exchange or external savings to these economies; their only contribution would be via transfers of technology, management know-how and other expertise...
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The latter is clearly important, particularly for certain categories of countries ? such as low-income and transition economies. However, much of the value of foreign presence for developing countries is in the blend of both capital flows and transfer of expertise...
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