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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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Global Economic Governance and Representation of Developing Countries: Some Issues and the IDB Example

The debate about globalisation is fundamentally a debate about who is running the global economy, and in whose interests. It is about politics and power as much as about the technical questions of currency regimes, prudential standards and the financial underpinning of global economic stability. Most economists, finance officials and central bankers agree that the benefits of global, market-based integration can more than offset the costs for the poorest countries and the poor within countries.

English

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