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The ‘Pull’ and ‘Push’ Factors in North–South Private Capital Flows: Conceptual Issues and Empirical Estimates

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External Finance for Private Sector Development

Part of the book series: Studies in Development Economics and Policy ((SDEP))

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Abstract

Attracting private capital, especially foreign direct investment (FDI), to developing countries has recently received much attention in international policy circles. For instance, it occupied a central place in various recent United Nations Summit on Finance for Development in Monterrey.From an essentially development perspective, it had earlier been considered the nexus of the OECD’s Development Assistance Committee (DAC) which states in the Development Cooperation report (OECD 2001: 20):

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© 2004 United Nations University

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Odedokun, M. (2004). The ‘Pull’ and ‘Push’ Factors in North–South Private Capital Flows: Conceptual Issues and Empirical Estimates. In: Odedokun, M. (eds) External Finance for Private Sector Development. Studies in Development Economics and Policy. Palgrave Macmillan, London. https://doi.org/10.1057/9780230524132_8

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