This book examines the subject of Development Finance, or more
specifically how financial systems can help or hinder the process
of human development. As an expert in this field, Stephen Spratt
reviews the components of the domestic and international financial
systems, and considers reform options objectively against the
central goal of human development. The result is a combination of
orthodox and more innovative approaches, which provides a thorough
grounding in development finance theory and practice in the 21st
century. Topics covered in the book include: The Millennium
Development Goals Financial crises and international capital flows
The role of the private sector Microfinance. Focusing on the roles
of the World Bank and the IMF and with a host of case studies and
real world examples from Asia, Africa and Latin America as well as
the "transition" economies of Eastern Europe, the author examines
developing countries' engagement with the international financial
system and its influence on the process of human development, both
positive and negative.
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