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Ekonomik Yaklasim. 1998; 9(30): 59-70


PORTFOLIO CAPITAL FLOWS TO DEVELOPING COUNTRIES IN THE GLOBAL ECONOMY

Oğuz ESEN.

Abstract
Over the past decade the trend toward more globally integrated financial markets has increased along with the portfolio investment in developing countries. Portfolio capital flows to developing countries tends to create systemic problems at the macrostability and in financial and real sectors of these economies. The main parpose of this paper is to provide some stylized facts about portfolio investment in developing countries.

Key words: na



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