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Enhancing Private Capital Flows to Developing Countries

image of Enhancing Private Capital Flows to Developing Countries

This publication incorporates the papers and proceedings of a Banking and Financial Services Symposium held in London in July 2002 on Enhancing Private Capital Flows to Developing Countries in the New International Context. Organised in conjunction with the World Bank and the Commonwealth Business Council, its aim was to promote an understanding of the developing country and private sector perspectives in attracting private capital flows; the impact of international codes and standards in defining the perception of the private sector and practical issues regarding their implementation; and the new regulatory developments which are likely to impact on the availability of private capital flows.

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Current Experience with Private Capital Flows in the Czech Republic

The last decade of the 20th century was marked by several episodes of financial turbulence which destabilised the macroeconomic situation in many countries of the world. A salient feature of the 1990s was the contagion effect which enabled disturbances to spread very rapidly, not only in regional, but also in global, terms. One of the consequences of the higher perceived risks and the greater investor cautiousness following the series of financial crises was a shift in world capital movements away from many emerging markets.

English

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