Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Articles Article Faculty Publications -Articles Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource The International Capital Flows and Domestic Savingsdomestic Investment Nexus: A Comparative Evidence Between Heterogeneous Developing Regions Subject The topic of the resource developing regions; domestic investment; domestic savings; foreign capital flows; panel model; Remittance Description An account of the resource Drawing inspiration from Feldstein and Horiokas (1980) (FH) puzzle, our study elucidates the impact of remittances and Foreign Direct Investment (FDI) on domestic savings and investment in two disparate yet globalized developing regions: Latin America and the Caribbean and South Asia. Utilizing an extensive dataset spanning from 1984 to 2021 and employing diverse methodologies, including Dynamic System generalized method of moment, DriscollKraay standard error, fully modified ordinary least squares, and dynamic ordinary least squares, our findings reveal that remittances exert a positive influence on both domestic investment and savings across both regions. However, South Asia predominantly directs remittance inflows towards investment, while Latin America and the Caribbean exhibit a propensity towards saving these funds. As for FDI, the primary developing region predominantly channels these funds into investment, whereas the lower region prioritizes savings. The impact of control variables manifests varied effects across both regions. Ultimately, our study underscores the pivotal role of foreign remittances in supporting investment and savings, underscoring the profound influence of economic growth on these dynamics. This accentuates the imperative for governments to proactively allocate financial resources to optimize economic growth and fortify financial frameworks. Moreover, focused strategies are indispensable for adeptly managing foreign inflows while navigating external shocks such as international repayments, external debt, and aid. Additionally, enhancements in monetary and fiscal policies are imperative to sustain competitive interest rates and foster stable macroeconomic conditions, thereby fostering conducive environments for both public and private domestic savings. JEL Classification: F24; F3; P33; C23; O18 2024 The Author(s). Creator An entity primarily responsible for making the resource Pal S. Source A related resource from which the described resource is derived South Asian Journal of Macroeconomics and Public Finance, Vol-13, No. 2, pp. 169-212. Publisher An entity responsible for making the resource available SAGE Publications Ltd Date A point or period of time associated with an event in the lifecycle of the resource 2024-01-01 Identifier An unambiguous reference to the resource within a given context <a href="https://doi.org/10.1177/22779787241245779" target="_blank" rel="noreferrer noopener">https://doi.org/10.1177/22779787241245779</a> <br /><br /><a href="https://www.scopus.com/inward/record.uri?eid=2-s2.0-85193573949&amp;doi=10.1177%2F22779787241245779&amp;partnerID=40&amp;md5=f1fedddd82115e024fa01cf944167816" target="_blank" rel="noreferrer noopener">https://www.scopus.com/inward/record.uri?eid=2-s2.0-85193573949&amp;doi=10.1177%2f22779787241245779&amp;partnerID=40&amp;md5=f1fedddd82115e024fa01cf944167816</a> Rights Information about rights held in and over the resource Restricted Access Relation A related resource ISSN: 22779787 Format The file format, physical medium, or dimensions of the resource Online Language A language of the resource English Type The nature or genre of the resource Article Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant Pal S., Department of Humanities and Social Sciences, Indian Institute of Technology, West Bengal, Kharagpur, India, School of Business and Management, Christ Deemed to be University, Karnataka, Bangalore, India