1887

Promoting Private Capital Flows and Handling Volatility

Role of National and International Policies

image of Promoting Private Capital Flows and Handling Volatility

Report of a Commonwealth Working Group that considers the role of national and international policies in encouraging private capital flows for investment. The Working Group concluded that, in general, private capital flows can bring notable benefits for economic development by increasing growth and investment.

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The Role of International Policies, Agencies and Agreements

This section explores the role of international organisations in facilitating capital flows to developing countries, in particular to those countries that are at risk of marginalisation and have not yet succeeded in attracting significant private investment. The IMF's role in assisting countries to dismantle capital controls and enhancing the confidence of international investors is examined along with the general issue of the IMF modifying its Articles of Agreement to accommodate capital account convertibility.

English

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