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Growth, distance to frontier and composition of human capital

✍ Scribed by Jérôme Vandenbussche; Philippe Aghion; Costas Meghir

Publisher
Springer
Year
2006
Tongue
English
Weight
473 KB
Volume
11
Category
Article
ISSN
1381-4338

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## Abstract Unlike in most other emerging markets, capital flows to South Africa since the mid 1990s have been heavily biased toward portfolio flows. In this context, the objective of the paper is twofold: to identify the determinants of the level and composition of capital flows to emerging market