Since the early 1970s foreign direct and portfolio equity investment flows into developing countries, although continuing to increase in absolute terms, have been relatively less important than in previous years, as foreign private capital flows have been dominated by debt-creating bank credit.At the end of 1983, direct investment was estimated to account for 5 percent or less of the stock of total external ... liabilities for Malaysia, about 44 percent for South Africa and Hong Kong, and over 90 percent for Singapore (Table A. 2).
|Title||:||Foreign Private Investment in Developing Countries|
|Author||:||International Monetary Fund|
|Publisher||:||International Monetary Fund - 1985-01-15|