 | Local Financial Development and the Aid-Growth Relationship Author/Editor: Mwanza Nkusu, Selin Sayek. Release Date:December, 2004 With official development assistance (ODA) set to rise as countries strive to meet the Millennium Development Goals (MDGs), aid effectiveness remains an important area of development policy. An more...
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| Multinational Affiliates and Local Financial Markets Author/Editor: Selin Sayek, Alexander Lehmann, Hyoung Goo Kang. Release Date:June, 2004 We use data on the sources of debt finance of U.S. majority-owned foreign affiliates in 53 countries over the period 1983 to 2001 to examine the role of financial market development, and exposure to more...
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| FDI Spillovers, Financial Markets, and Economic Development Author/Editor: Selin Sayek, Laura Alfaro, Areendam Chanda, Sebnem Kalemli-Ozcan. Release Date:September, 2003 This paper examines the role financial markets play in the relationship between foreign direct investment (FDI) and economic development. We model an economy with a continuum of agents indexed by more...
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