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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.

English

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The Political Economy of Codes and Standards: The Case of Small States in the New International Financial System

The basic thrust of this paper is that international financial stability is an international public good, but that its benefits are not evenly distributed because of differences in the circumstances of the nation states which make up the international community.

English

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