Private Finance : Are Private Loans and Charitable Giving Replacing Aid?
Private financial flows to developing countries, such as debt,equity, remittances, and private charitable giving, have increaseddramatically over the past 20 years. One commentator has eventrumpeted the privatization of foreign aid. Since privatecharitable giving remains small and developing country governmentsare borrowing more, not less, from official sources, this claim ismisleading. But unprecedented sums are indeed flowing to theprivate sector in developing countries.
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| Main Authors: | , , |
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| Language: | English |
| Published: |
World Bank, Washington, DC
2005-04
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| Subjects: | BANK LOANS, BOND MARKETS, BONDS, BORROWING, COMMERCIAL BANK LOANS, COMMERCIAL BANKS, DEBT, DEBT MANAGEMENT, DEREGULATION, DEVELOPMENT ASSISTANCE, EXPROPRIATION, FOREIGN DIRECT INVESTMENT, FOREIGN INVESTMENT, INCOME, INFLATION, INFLATION RATES, INTEREST RATES, LAWS, MATURITIES, NATIONAL INCOME, PORTFOLIO, PRIVATE BANKS, PRIVATE SECTOR, PRIVATIZATION, PUBLIC POLICY, UNDERESTIMATES, |
| Online Access: | http://documents.worldbank.org/curated/en/2005/04/6040194/private-finance-private-loans-charitable-giving-replacing-aid https://hdl.handle.net/10986/11224 |
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