International movements of private long-term capital
Nassim, Janet
Basic inadequacy and imprecision in reporting on private capital flows militate against a detailed analysis of overall private long-term capital movements in terms of gross and net flows or in in terms of direct investment versus portfolio and other capital and the sectoral distribution of foreign direct investment; any discussion has perforce to be in generalities often uncorroborated by firm statistical data. In view of the dearth of data, it is risky to speak of a clearly measurable trend in private long-term capital flows. However, there is sufficient evidence to suggest that there has indeed been a sizeable increase in the volume of private long-term capital flowing in recent years compared to the early postwar years. The overall volume of private long-term capital exports are largely dominated by US capital, which has accounted for more than 60 percent of the overall flow of private long-term capital in the decade 1950-1959; if the postwar years prior to 1950 are considered, the proportion is even higher because of the massive disinvestment of European capital that occurred in those years.
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