The economic geography of capital flows: What drives capital flows?

• The economic geography of capital flows: What drives capital flows?

• • Why doesn’t capital flow from rich to poor countries?
  • North-North (South) capital flows
  • South-South (North) capital flows

• The differential effects of capital flows:

• • Substitute for inadequate domestic capital
  • Economic Growth
  • The differential nature of the three types of capital flows: aid, portfolio and FDI