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  3. American Economic Review
  4. May 2004
  5. Serial Default and the "Paradox" of Rich-to-Poor Capital Flows

American Economic Review

ISSN 0002-8282 (Print) | ISSN 1944-7981 (Online)

Serial Default and the "Paradox" of Rich-to-Poor Capital Flows

  • Carmen M. Reinhart
  • Kenneth S. Rogoff
American Economic Review
vol. 94, no. 2, May 2004
(pp. 53–58)
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Citation

Reinhart, Carmen, M., and Kenneth S. Rogoff. 2004. "Serial Default and the "Paradox" of Rich-to-Poor Capital Flows." American Economic Review, 94 (2): 53–58. DOI: 10.1257/0002828041302370

JEL Classification

  • F32 Current Account Adjustment; Short-term Capital Movements
  • F34 International Lending and Debt Problems
  • O16 Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
  • O19 International Linkages to Development; Role of International Organizations