In an open world economy, capital flows to places with higher rates of return.
There are rather more complex international capital flows in the 21st century than the early 20th, of course.
When we show them how to move goods, capital will flow in their direction.
Private capital flows naturally play an important role, as do trade agreements.
Private capital, hard to attract for alternative energy projects in recent years, is now flowing.
It's all about which way the capital is flowing.
Short-term capital flows in the balance of payments do not show so clear a picture.
Private foreign capital will flow to where profit can be made in convertible currency.
Foreign capital had flowed freely into the Asian tiger countries.
In fact, capital flows out but does not flow back in.