These considerations suggest that the current pattern of international capital flows represents a win-win scenario: Developing economies gain access to better financial services, and industrial economies enjoy the larger quantities of imports they can purchase with this financing. These explanations also suggest that the uphill flow of capital will be reversed to the extent that financial systems of emerging-market economies develop and improve. Because such a process is likely to take time, this set of explanations suggests that the uphill flow of capital is likely to persist for a while.
