Syndicate content

Add new comment

Submitted by Yashvir Tyagi on
Global capital flows have increased in size but develpoing countries have not been able to take full advantage of these due to weak financial development and low absorptive capacity in these economies.Along with financial deepening ,there is a need to create basic infrastructural facilities and development of sectors in which a country has got a comparative advantage. This would raise the prospective rate of return on capital and would help developing countries attract larger capital flows.