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External Finance and Foreign Debt: A Study of the Transition Economies of Central and Eastern Europe

In: Foreign Capital in Developing Economies

Author

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  • Stefano Manzocchi

    (University of Perugia)

Abstract

The empirics of Chapters 5–7 are centred on developing market economies, because these economies have been part of the world capital market for a long enough time to allow an application of growth models to the determinants and consequences of foreign capital. Other transforming economies have (re)joined international financial relations in the 1990s: the so-called transition economies of Central and Eastern Europe and Asia. This chapter deals with the determinants and the sustainability of foreign capital inflows in a sub-set of these economies.

Suggested Citation

  • Stefano Manzocchi, 1999. "External Finance and Foreign Debt: A Study of the Transition Economies of Central and Eastern Europe," Palgrave Macmillan Books, in: Foreign Capital in Developing Economies, chapter 8, pages 153-178, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-27620-2_8
    DOI: 10.1007/978-1-349-27620-2_8
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