For the first time, here is the complete history of the
International Finance Corporation (IFC). In the fifty years since
the end of World War II, the world of development finance has grown
rapidly. One of the many financial institutions which cropped up to
help war-torn countries with their reconstruction was the IFC.
International Business Expansion Into Less-Developed Countries
examines the success of the IFC in its wide variety of public
sector development activities. Covering thirty-five years of IFC
operations, the book thoroughly evaluates the formulation of the
concept of the IFC and its evolution as a viable global development
finance agency. It is the most complete and up-to-date treatment
available of the IFC.The administration and operational procedures
are described in detail as are case examples of financial
development in all regions. Problems encountered by the IFC and new
and future activities of the IFC are discussed. Scholars of
economic development and international finance will find the
unusual way in which the IFC was established and the case examples
presented a highly valuable reference, as will students of
international studies and organizations.
General
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