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Global development finance : the development potential of surging capital flows.

International private capital flows to developing countries reached a record net level of $491 billion in 2005. This surge in private capital flows offers national and international policy makers a major opportunity to bolster development efforts if they can successfully meet three challenges. The f...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, DC : World Bank, ©2006.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Volume I; Table of Contents; Foreword; Acknowledgments; Selected Abbreviations; Overview and Policy Messages: The Development Potential of Surging Capital Flows; The broad surge in private capital flows continues; Global growth has propelled the surge in capital flows, but serious risks remain; Capital flows are being transformed; Net official flows continue to decline; To ensure economic stability, developing countries must manage capital flows effectively; Multilateral cooperation is key to resolving global financial imbalances; Chapter 1 Prospects for the Global Economy.
  • Debt relief: improving and maintaining debt sustainabilityThe challenge ahead: accessing external capital, while maintaining debt sustainability; Annex: Debt Restructuring with Official Creditors; Notes; References; Chapter 4 Financial Integration among Developing Countries; The growth of South-South capital flows; Foreign direct investment in the developing world; South-South banking; Developing-country stock exchanges; Conclusion; Chapter 4 Annexes; Annex 1: Data on South-South capital flows; Annex 2: Selected South-South M & A deals by southern multinationals in service sector, 2000-5.
  • Annex 3: Model of determinants of bank ownershipNotes; References; Chapter 5 Challenges in Managing Capital Flows; Two booms in capital flows-what has changed?; The effect of the recent influx of capital flows on domestic investment and asset prices; Lessons and policy agenda; Annex: Capital Flows and Domestic Investment; Notes; References; Statistical Appendix; Tables; 1 Net capital flows to developing countries, 1997-2005; 2 Net private capital flows to developing countries by region, 1998-2005; 1.1 The global outlook in summary; 1.2 Estimated impact of three risk scenarios.
  • 1.3 Impact of a 400-basis-point increase in interest rates in selected developing countries1.4 Impact of a further 30 hike in oil prices in selected developing countries; 1.5 Impact of a 15 percent fall in non-oil commodity; 1.6 Impact of a widening of bird-bird flu; 1.7 Possible economic impacts of flu pandemic; 1.8 A breakdown of economic impacts of a potential human-to-human pandemic; 2.1 Net private debt flows to developing countries, 2002-5; 2.2 Gross market-based debt flows to developing countries, 2002-5; 2.3 Gross cross-border loan flows, 2005.