Serial Default and the "Paradox" of Rich-to-Poor Capital Flows
American Economic Review
vol. 94,
no. 2, May 2004
(pp. 53-58)
Citation
Reinhart, Carmen, M., and Kenneth S. Rogoff. 2004. "Serial Default and the "Paradox" of Rich-to-Poor Capital Flows." American Economic Review, 94 (2): 53-58. DOI: 10.1257/0002828041302370JEL Classification
- F32 Current Account Adjustment; Short-term Capital Movements
- F34 International Lending and Debt Problems
- O16 Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
- O19 International Linkages to Development; Role of International Organizations