Capital Flows to Developing Countries Show Strong Drop in Wake of Financial Crisis

Source: The World Bank, February 3, 2010

Net capital flows to developing countries fell to $780 billion in 2008, reversing an upward trend that began in 2003 and peaked at $1,222 billion in 2007, according to a new report from the World Bank. Particularly hard hit were private capital flows, which fell by almost 40 percent. All developing regions were affected, with emerging market economies in Europe and Central Asia experiencing the sharpest downturn.

Check out Global Development Finance 2010: External Debt of Developing Countries