Blanchard and Acalin warn of FDI measurement problems
Measured foreign direct investment is not as long term as generally thought
Flows of foreign direct investment (FDI) often behave more like short-term debt flows than long-term, slow moving investments, economists from the Peterson Institute for International Economics warn in a new paper.
Former International Monetary Fund chief economist Olivier Blanchard and research analyst Julien Acalin uncovered a few unexpected facts about FDI in the course of wider research into capital flows.
In the paper they identify a "surprisingly high" correlation between inward and
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