Global Development Finance 2006 (Volume 1: Analysis & Outlook): The Development Potential of Surging Capital Flows (Adobe Reader) ebook download World Bank

Global Development Finance 2006 (Volume 1: Analysis & Outlook): The Development Potential of Surging Capital Flows

"International private capital flows to developing countries reached a record net level of $491 billion in 2005. This surge in private capital flows offers national and international policy makers a major opportunity to bolster development efforts if they can successfully meet three challenges. The first is to ensure that more countries, especially poorer ones, enhance their access to developmentally beneficial international capital through improvements in their macroeconomic performance, investment climate, and use of aid. The second is to avoid sudden capital flow reversals by redressing global imbalances through policies that recognize the growing interdependencies between developed and developing countries' financial and exchange rate relations in the determination of global financial liquidity and asset price movements. And the third is to ensure that development finance, both official and private, is managed judiciously to meet the development goals of recipient countries while promoting greater engagement with global financial markets. These are the themes and concerns of this year's edition of Global Development Finance. Vol I. Anlaysis and Statistical Appendix reviews recent trends in financial flows to developing countries. Vol II. Summary and Country Tables* includes comprehensive data for 138 countries, as well as summary data for regions and income groups."

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Title of ebook: Global Development Finance 2006 (Volume 1: Analysis & Outlook): The Development Potential of Surging Capital Flows
ISBN: 9780821364802
parent-ISBN: 9780821359907
Publisher: The World Bank
Internet download file size: 2078 kb
Published: 06-2006
Released online for download: 06-09-2006
Author of eBook: World Bank

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