Arbeitspapier
Corporate Governance and Private Capital Flows to Latin America
According to recent research, external factors and political governance considerations are key determinants of capital flows in Latin America. We postulate that corporate governance is a crucial determinant as well. We show that while the region is characterized by relatively low levels of corporate governance it shows highly volatile capital flows. The high level of economic volatility that characterizes the region is partly due to the behavior of capital flows which, in turn, are influenced by external factors. The paper shows that by implementing better corporate governance the region could reduce the sensitivity of capital flows to external shocks and hence reduce the volatility of its economy.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 482
- Klassifikation
-
Wirtschaft
- Thema
-
Corporate Governance
Auslandsinvestition
Kapitalmobilität
Lateinamerika
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Chong, Alberto
Izquierdo, Alejandro
Micco, Alejandro
Panizza, Ugo
- Ereignis
-
Veröffentlichung
- (wer)
-
Inter-American Development Bank, Research Department
- (wo)
-
Washington, DC
- (wann)
-
2003
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Chong, Alberto
- Izquierdo, Alejandro
- Micco, Alejandro
- Panizza, Ugo
- Inter-American Development Bank, Research Department
Entstanden
- 2003