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dc.contributor.authorKohli, Renuen_US
dc.date.accessioned2012-09-21T09:44:34Z-
dc.date.available2012-09-21T09:44:34Z-
dc.date.issued2004en_US
dc.identifier.isbn9291906352en_US
dc.identifier.urihttp://hdl.handle.net/10419/63520-
dc.description.abstractIndia’s capital account displays a sharp swing in external financing from official assistance to private capital transfers in the 1990s. This paper examines the implications of this transition for the country. An analysis of the private resource transfer reveals that unlike official flows, private capital flows are associated with real exchange rate appreciation, expansion in domestic money supply and stock market growth, liquidity and volatility. The paper concludes with a discussion on the implications of the transition for economic policy.en_US
dc.language.isoengen_US
dc.publisherUNU-WIDER Helsinkien_US
dc.relation.ispartofseriesResearch Paper, UNU-WIDER, United Nations University (UNU) 2004/46en_US
dc.subject.jelE50en_US
dc.subject.jelE60en_US
dc.subject.jelF30en_US
dc.subject.jelF21en_US
dc.subject.ddc330en_US
dc.subject.keywordcapital flowsen_US
dc.subject.keywordcapital accounten_US
dc.subject.keywordreal exchange rateen_US
dc.subject.keywordforeign exchange reservesen_US
dc.subject.keywordinterventionen_US
dc.subject.keywordmoney supplyen_US
dc.subject.keywordsterilizationen_US
dc.subject.keywordcapital controlsen_US
dc.subject.keywordbanking sectoren_US
dc.subject.keywordstock marketen_US
dc.subject.stwEntwicklungshilfeen_US
dc.subject.stwEntwicklungsfinanzierungen_US
dc.subject.stwKapitalmobilitäten_US
dc.subject.stwIndienen_US
dc.titleThe transition from official aid to private capital flows: Implications for a developing countryen_US
dc.typeWorking Paperen_US
dc.identifier.ppn396669859en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:WIDER Research Papers, United Nations University (UNU)

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