TY  - BOOK
ED  - World Bank.
ED  - World Bank.
TI  - Global Development Finance 2006 (Complete Print Edition) : : The Development Potential of Surging Capital Flows
T2  - Global Development Finance
SN  - 0821359916
PY  - 2006///
CY  - Washington, D.C.
PB  - The World Bank
KW  - Banks and Banking Reform
KW  - Currencies and Exchange Rates
KW  - Debt Markets
KW  - Economic Theory and Research
KW  - Emerging Markets
KW  - Finance and Financial Sector Development
KW  - Macroeconomics and Economic Growth
KW  - Private Sector Development
N2  - International private capital flows to developing countries reached a record net level of USD 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
UR  - http://elibrary.worldbank.org/doi/book/10.1596/978-0-8213-5991-4
ER  -