Private Capital Flows and Development: The Role of National and International Policies
Synopsis
This paper considers the new forms and roles of private capital flows to developing countries in the 1990s and appropriate national and international policy responses to the problems and possibilities they create. Section 2 describes the growth of these flows in the 1990s, their role in development and some of their effects in recipient countries. Section 3 considers alternate capital account policies for developing countries. In section 4 the possibility of improved international arrangements is considered. Section 5 contains recommendations from the previous analysis.
Chapters
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Foreword
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Executive Summary
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Introduction
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The Growing Role of Private Capital Flows to Developing Countries in the 1990s
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Policies for the Capital Account in Developing Countries
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Improving International Arrangements
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Recommendations
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Tables and References
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Annex
