Development Aid and Portfolio Funds: Trends, Volatility and Fragmentation
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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This paper presents stylised facts about development aid and capital flows to developing countries. It compares their volumes and volatilities and finds that foreign aid is not the major source of finance for these countries any more, though not for all regions. The expansion of private flows has usually come at the cost of an increased volatility...
