The determinants of capital inflows: Does opacity of recipient country explain the flows?
V Hooper, SJ Kim - Economic systems, 2007 - Elsevier
This paper examines the relationship between international capital flows and the opacity of
recipient countries. We use the Price Waterhouse Coopers (PWC)[Price Waterhouse
Coopers, 2001. The Opacity Index: A Project of the Price Waterhouse Coopers Endowment
for the Study of Transparency and Sustainability] opacity index for the year 2000 and
investigate its influence on three types of net international capital flows: foreign direct
investment, portfolio capital and international bank lending. We find support for higher …
recipient countries. We use the Price Waterhouse Coopers (PWC)[Price Waterhouse
Coopers, 2001. The Opacity Index: A Project of the Price Waterhouse Coopers Endowment
for the Study of Transparency and Sustainability] opacity index for the year 2000 and
investigate its influence on three types of net international capital flows: foreign direct
investment, portfolio capital and international bank lending. We find support for higher …
