🆕 Why doesn’t global capital flow to where it’s most productive, in developing countries?
Today on VoxDev, Bruno Pellegrino (Columbia Business School), Enrico Spolaore (Tufts) & @romainwacziarg.bsky.social (UCLA) discuss barriers to global capital flows: voxdev.org/topic/macroe...
International capital flows can boost global growth and reduce inequality, but numerous geopolitical barriers distort where investment goes – often away from developing countries where it is most prod...
