DETERMINANTS OF FOREIGN CAPITAL FLOWS: THE EXPERIENCE OF SELECTED SUB-SAHARAN AFRICAN COUNTRIES

@inproceedings{BrafuInsaidoo2014DETERMINANTSOF,
  title={DETERMINANTS OF FOREIGN CAPITAL FLOWS: THE EXPERIENCE OF SELECTED SUB-SAHARAN AFRICAN COUNTRIES},
  author={William Gabriel Brafu-Insaidoo and Nicholas Biekpe},
  year={2014}
}
This study investigates the major determinants of international capital flows in selected countries in Sub-Saharan Africa. Both theory and the empirical literature suggest that financial liberalization and regionalism lead to higher levels of capital inflows. By using a dynamic panel data analysis, this research tests these hypotheses. The impact of financial liberalization depends on the type of liberalization implemented. Liberalization of the domestic financial system and the domestic equity… CONTINUE READING

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