Fernandez-Arias, Eduardo.

The new wave of private capital inflows:push or pull. - Washington : World Bank, 1994. - Policy Research Working Paper No. 1312 .

The publication presents an analytical model of international portifolio investment in eveloping countries based on no-arbitrage conditions between external returns and domestic returns adjusted by country risk.


Investments.
Developing countries -- International investments//investment returns/.--Developing countries -- International investments//investment returns/.