International capital flows and the lucas paradox: patterns, determinants, and debates
Auteur :
Akhtaruzzaman, Muhammad
Éditeur :
Springer Verlag, Singapore
ISBN :
9789811390715
Date de publication :
14 août 2020
Dimensions :
23,5 x 15,5 cm
Langue :
Anglais
Pays d'origine :
Singapour
This book offers a comprehensive analysis of the debates on international capital flows, and presents a new evidence-based answer to the long-standing question of why capital doesn’t tend to flow from rich to poor countries as predicted by standard neoclassical theory – a puzzle known as the Lucas paradox.