Saturday, June 14, 2008

Capital flows to developing countries

"Net private-capital flows to developing countries reached a record $1.03 trillion in 2007, a big jump from the $760 billion recorded in 2006. However, much of the increase reflected the depreciation of the dollar against most other currencies. As a share of developing countries' GDP, net inflows went up from 6.7% in 2006 to 7.5% last year, a much more modest rise."

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