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Financing the current account deficit?
Financing the current account deficit?
 
Economic Growth effects of Capital Flows
 
- Aid-Growth nexus (aid effectiveness): not ALL countries benefit from aid (official assistance)
 
- Portfolio flows (financial market integration): Difficult to establish causality between financial integration and growth. Not ALL countries benefit from international financial integration.
 
- FDI and the miracle technology transfer: not ALL countries and firms benefit from FDI.