Download or read book Private Capital Flows to Developing Countries written by and published by World Bank Publications. This book was released on 1997 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the process of international financial integration and the structural forces driving private capital to developing countries. Against this background, it details the potential benefits of integration and the implications of fast-moving global capital flows for emerging economics. Examining the experience of countries that have attracted substantial private capital flows, the book provides invaluable guidance as to what works and what doesn't during the transition to financial integration. It will be of compelling interest to policymakers and also to international investors and bankers, financial analysts, and researchers.

Download or read book Gross Private Capital Flows to Emerging Markets written by Erlend Nier and published by International Monetary Fund. This book was released on 2014-10-27 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper assesses empirically the key drivers of private capital flows to a large sample of emerging market economies in the last decade. It analyzes the effect of the global financial cycle, measured by the VIX, on capital flows and investigates the role of fundamentals and country characteristics in mitigating or amplifying its effect. Using interaction models, we find the effect of the VIX to be non-linear. For low levels of the VIX, capital flows are driven by fundamental factors. During periods of stress, the VIX becomes the dominant driver of capital flows while other determinants, with the exception of interest rate differentials, lose statistical significance. Our results also suggest that the effect of global financial conditions on gross private capital flows increases with the host country’s level of financial sector development. Finally, our results imply that countries cannot fully insulate themselves from global financial shocks, unless creating a fragmented global financial system.

Download or read book International Capital Flows written by Martin Feldstein and published by University of Chicago Press. This book was released on 2007-12-01 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent changes in technology, along with the opening up of many regions previously closed to investment, have led to explosive growth in the international movement of capital. Flows from foreign direct investment and debt and equity financing can bring countries substantial gains by augmenting local savings and by improving technology and incentives. Investing companies acquire market access, lower cost inputs, and opportunities for profitable introductions of production methods in the countries where they invest. But, as was underscored recently by the economic and financial crises in several Asian countries, capital flows can also bring risks. Although there is no simple explanation of the currency crisis in Asia, it is clear that fixed exchange rates and chronic deficits increased the likelihood of a breakdown. Similarly, during the 1970s, the United States and other industrial countries loaned OPEC surpluses to borrowers in Latin America. But when the U.S. Federal Reserve raised interest rates to control soaring inflation, the result was a widespread debt moratorium in Latin America as many countries throughout the region struggled to pay the high interest on their foreign loans. International Capital Flows contains recent work by eminent scholars and practitioners on the experience of capital flows to Latin America, Asia, and eastern Europe. These papers discuss the role of banks, equity markets, and foreign direct investment in international capital flows, and the risks that investors and others face with these transactions. By focusing on capital flows' productivity and determinants, and the policy issues they raise, this collection is a valuable resource for economists, policymakers, and financial market participants.

Download or read book Routledge Library Editions Development Mini Set B Aid written by Various Authors and published by Taylor & Francis. This book was released on 2022-07-30 with total page 1180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Routledge Library Editions: Development will re-issue works which address economic, political and social aspects of development. Published over more than four decades these books trace the emergence of development as one of the most important contemporary issues and one of the key areas of study for modern social science. The books cover the most important themes within development and include studies of Latin America, Africa and Asia. Authors include Sir Alexander Cairncross, W. Arthur Lewis, Lord Peter Bauer and Cristobal Kay. An extensive collection of previously hard to access or out of print books, this set presents an unrivalled opportunity to build up a wealth of material in the field of development studies, with a particular focus upon economic and political concerns. The volumes in the collection offer both a global overview of the history of development in the twentieth century, and a huge variety of case studies on the development of individual nations. For institutional purchases for e-book sets please contact [email protected] (customers in the UK, Europe and Rest of World)

Download or read book Capital Flows at Risk Taming the Ebbs and Flows written by Mr.R. G Gelos and published by International Monetary Fund. This book was released on 2019-12-20 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: The volatility of capital flows to emerging markets continues to pose challenges to policymakers. In this paper, we propose a new framework to answer critical policy questions: What policies and policy frameworks are most effective in dampening sharp capital flow movements in response to global shocks? What are the near- versus medium-term trade-offs of different policies? We tackle these questions using a quantile regression framework to predict the entire future probability distribution of capital flows to emerging markets, based on current domestic structural characteristics, policies, and global financial conditions. This new approach allows policymakers to quantify capital flows risks and evaluate policy tools to mitigate them, thus building the foundation of a risk management framework for capital flows.

Download or read book Non FDI Capital Inflows in Low Income Developing Countries written by Juliana Dutra Araujo and published by International Monetary Fund. This book was released on 2015-04-29 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Low-income countries (LIDCs) are typically characterized by intermittent and very modest access to private external funding sources. Motivated by recent developments in private flows to LIDCs this paper makes two contributions: First, it constructs a new comprehensive dataset on gross private capital flows with special focus on non-FDI flows in LIDCs. Concentrating on LIDCs and more specifically on gross non-FDI private flows is intentionally aimed at closing a gap in existing datasets where country coverage of developing economies is limited mainly to emerging markets (EMs). Second, using the new data, it identifies several shifting patterns of gross non-FDI private inflows to LIDCs. A surprising fact emerges: since the mid 2000's periods of surges in gross non-FDI private inflows in LIDCs are broadly comparable to those of EMs. Moreover, while gross non-FDI inflows to LIDCs are on average much lower than those to EMs, we show that the LIDC top quartile gross non-FDI inflow is comparable to the EM median inflow and converging to the EM top quartile inflow.

Download or read book Economic Development written by Michael P. Todaro and published by Pearson UK. This book was released on 2020 with total page 1361 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Economic Development, the leading textbook in this field, provides your students with a complete and balanced introduction to the requisite theory, driving policy issues, and latest research. Todaro and Smith take a policy-oriented approach, presenting economic theory in the context of critical policy debates and country-specific case studies, to show how theory relates to the problems and prospects of developing countries."--Publisher0́9s description

Download or read book The Collected Documents of the Group Of 77 written by Mourad Ahmia and published by . This book was released on 2015 with total page 1106 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Collected Documents of The Group of 77 provides a chronological record of events and documents of the Group of 77 since its creation in 1963. This Sixth Volume is a special Fiftieth Anniversary Edition of The Group of 77 at the United Nations launched to coincide with the fiftieth year since the establishment of the Group of 77 with the objective of furthering the documentary process and its institutional memory. This compilation provides a chronological record of the main documents adopted by the Group of 77 since its creation in 1964, with a special focus on all major events of the Group of 77 that took place during the period 1964-2014. The Group of 77 has devoted five decades working to achieve development. It adheres to the principle that nations, big and small, deserve an equal voice in world affairs. Today the Group of 77 remains linked by common geography and a shared history of struggle for liberation, freedom and south-south solidarity. In its 50 years, the Group of 77 has solidified the global South as a coalition of nations, aspiring for a global partnership for peace and development. The Group of 77 is recognized for its work to promote international cooperation for development towards a prosperous and peaceful world. The commitment and dedication of the Group of 77 in selflessly shaping world affairs has benefited billions of lives worldwide.

Download or read book Managing Volatile Capital Flows Experiences and Lessons for Sub Saharan African Frontier Markets written by Cheikh A. Gueye and published by International Monetary Fund. This book was released on 2014-03-26 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the past three years the frontier markets of sub-Saharan Africa have received growing amounts of portfolio capital flows, with heightened interest from foreign investors. Compared with foreign direct investment, portfolio capital flows tend to be more volatile, and thus pose challenges for sub-Saharan African frontier markets. This study examines the evolution of capital flows since 2010 and discusses the policies these countries have designed to reduce risks from the inherent volatility of these flows.

Download or read book The Collected Documents of the Group of 77 written by Mourad Ahmia and published by Oxford University Press. This book was released on 2015-05-13 with total page 1106 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Collected Documents of The Group of 77 provides a chronological record of events and documents of the Group of 77 since its creation in 1963. This Sixth Volume is a special Fiftieth Anniversary Edition of The Group of 77 at the United Nations launched to coincide with the fiftieth year since the establishment of the Group of 77 with the objective of furthering the documentary process and its institutional memory. This compilation provides a chronological record of the main documents adopted by the Group of 77 since its creation in 1964, with a special focus on all major events of the Group of 77 that took place during the period 1964-2014. The Group of 77 has devoted five decades working to achieve development. It adheres to the principle that nations, big and small, deserve an equal voice in world affairs. Today the Group of 77 remains linked by common geography and a shared history of struggle for liberation, freedom and south-south solidarity. In its 50 years, the Group of 77 has solidified the global South as a coalition of nations, aspiring for a global partnership for peace and development. The Group of 77 is recognized for its work to promote international cooperation for development towards a prosperous and peaceful world. The commitment and dedication of the Group of 77 in selflessly shaping world affairs has benefited billions of lives worldwide.

Download or read book Global Capital Flows to Infrastructure Investments written by Joseph B. Oyedele and published by Cuvillier Verlag. This book was released on 2014-02-17 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: The demand pressure and the plethora of evidences observed in the form of increasing infrastructure financing gap, ageing infrastructure, environmental factors, such as climate change and rising quality standards are factors attracting institutional and private sector participation in infrastructure investment. Therefore, the search for innovative means of financing infrastructure has become incessant. Also, the features of the financial landscape, especially in a financial crisis has further underpinned the significance of looking beyond the present infrastructure need, to a more sustained infrastructure financing scheme anticipated from institutional investors. A well established capital market has therefore been identified as a viable option for long term and steady global capital flows to financing infrastructure projects; else, the burden will remain on governments to offer direct or indirect support to private investors in attracting financing for infrastructure development. This book therefore conceptually investigates the potentials of the capital market and institutional investors’ capital flows in bridging the global infrastructure funding gap. A fundamental conclusion from the book revealed that institutional investors particularly pension funds have the capacity to pool enormous resources into the infrastructure market, thus emphatically projecting them as a force to be reckoned with in the global infrastructure investments.

Download or read book Exploration in Development Issues written by Nurul Islam and published by Routledge. This book was released on 2017-11-30 with total page 582 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2003. Nurul Islam, currently head of economic and social policy at the FAO/UN and a key advisor at the International Food Policy Research Institute, has been a renowned expert on economic development for the past thirty years. Over that time he has researched and written about a wide range of economic development issues, focussing mainly on policy. For the first time ever, his most important writings have been brought together in this volume, reflecting not only Professor Islam’s own views on particular issues, but also providing a unique overview of the key debates and discussions taking place among academic economist and policy analysts over the past three decades. The collection is divided into three main sections: trade and aid, development strategy, and food security, the section on food security being the most recent. It discusses food security in a broad sense, covering issues of availability and growth in food production, access or entitlement of individuals or households to basic food, and variability in food supplies and prices. In the section on Development Strategy, Professor Islam highlights how theoretical argument has veered away from organized ’development planning’ models which proved so important in the 1960s. He questions the role of models and policies throughout the decades and, following articles written in the 1970s or 80s, he includes articles he has recently completed, assessing the previous ones from his current perspective. In the final section, on Trade and Aid, he follows the academic debate on trade and exchange rate policies in developing countries from the 1960s to the progress of the WTO forums of today. This is a wide-ranging and thought-provoking volume. No matter whether the subject in question was examined in the 1960s or currently, Professor Islam provides a challenging and insightful analysis, and even the earliest articles retain relevance and will be of continuing interest.

Download or read book Development Co operation Report 2005 Efforts and Policies of the Members of the Development Assistance Committee written by OECD and published by OECD Publishing. This book was released on 2006-02-07 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: This 2005 edition of OECD's annual report on foreign aid policies and programmes, including extensive statistical data on aid flows and analysis of the key issues faced by aid policy makers.

Download or read book Development Co operation Report 1998 Efforts and Policies of the Members of the Development Assistance Committee written by OECD and published by OECD Publishing. This book was released on 1999-01-28 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume tracks DAC Members’ efforts -- qualitative and quantitative -- in the field of development assistance. Policy progress underway and expectations for further action are examined alongside the disturbing picture of further decline in 1997 in aid flows.

Download or read book Development Co operation Report 2006 Efforts and Policies of the Members of the Development Assistance Committee written by OECD and published by OECD Publishing. This book was released on 2007-02-16 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: The annual OECD Development Assistance Committee (DAC) Development Co-operation Report is the key reference document for statistics and analysis on the latest trends in international aid.

Download or read book IMF History 1972 1978 Volume 3 written by International Monetary Fund and published by International Monetary Fund. This book was released on 1996-02-29 with total page 684 pages. Available in PDF, EPUB and Kindle. Book excerpt: IMF economists work closely with member countries on a variety of issues. Their unique perspective on country experiences and best practices on global macroeconomic issues are often shared in the form of books on diverse topics such as cross-country comparisons, capacity building, macroeconomic policy, financial integration, and globalization.

Download or read book Development Co operation Report 2004 Efforts and Policies of the Members of the Development Assistance Committee written by OECD and published by OECD Publishing. This book was released on 2005-01-20 with total page 243 pages. Available in PDF, EPUB and Kindle. Book excerpt: This annual report is the key reference document for statistics and analysis on the latest trends in international aid. It is of particular importance this year as the world reflects on progress in development five years after the UN Millennium Summit set a series of goals to be reached by 2015.