Global Development Finance 2006 : The Development Potential of Surging Capital Flows, Volume 1. Review, Analysis, and Outlook

Global Development Finance is the World Bank's annual review of global financial conditions facing developing countries. The current volume provides analysis of key trends and prospects, including coverage of capital originating from developing countries themselves. Robust global growth and a favorable financing environment provided the context for a record expansion of private capital flows to developing countries in 2005. Many low-income countries still have little or no access to international private capital, and instead depend largely on official finance from bilateral and multilateral creditors to support their development objectives. Capital flows are changing due to financial integration among developing countries, financial innovations, domestic debt markets, and the global role of the Euro. Net official flows continue to decline as official lending falls and there is more aid and debt relief for the poorest countries. To ensure economic stability, developing countries must manage capital flows with effective macroeconomic policies, prudent accumulation of reserves, careful management of oil-export revenues, and improvements in standards for the corporate sector.

Bibliographic Details

Main Author:	World Bank
Language:	English
Published:	2006
Subjects:	ASIAN BOND MARKET, ASSET CLASS, ASSET PRICE, ASSET PRICES, BALANCE OF PAYMENTS, BANK ASSETS, BANK BALANCE SHEETS, BANK CREDIT, BANK DEBT, BANK FINANCING, BANK LENDING, BANKING SECTOR, BASIS POINTS, BENEFICIARY, BOND FINANCING, BOND FLOWS, BOND FUNDS, BOND INDEX, BOND INDEXES, BOND ISSUANCE, BOND ISSUERS, BOND ISSUES, BOND MARKET, BOND MARKETS, BUY BACK, BUYBACKS, CAPITAL ACCOUNTS, CAPITAL FLOW, CAPITAL FLOWS, CAPITAL MOVEMENTS, CAPITAL OUTFLOWS, CDS, CENTRAL BANK, CENTRAL BANKS, COLLECTIVE ACTION, COMMODITY PRICES, CORPORATE BORROWERS, CREDIT DEFAULT, CREDIT DEFAULT SWAP, CREDIT DEFAULT SWAPS, CREDIT DERIVATIVE, CREDIT DERIVATIVES, CREDIT RATING, CREDIT RATING AGENCIES, CREDIT RATINGS, CREDIT RISK, CREDIT RISKS, CREDITORS, CREDITWORTHINESS, CURRENCY, CURRENCY COMPOSITION, CURRENT ACCOUNT DEFICIT, DEBT, DEBT BURDENS, DEBT CAPITAL, DEBT INSTRUMENTS, DEBT ISSUANCE, DEBT MANAGEMENT, DEBT MARKET, DEBT MARKET DEVELOPMENTS, DEBT MARKETS, DEBT REDUCTION, DEBT RELIEF, DEBT RESTRUCTURING, DEBT SERVICE, DEBT-SERVICE, DEBTOR, DEBTOR REPORTING SYSTEM, DEFAULTS, DEFICITS, DERIVATIVES MARKET, DEVELOPING COUNTRIES, DEVELOPMENT BANK, DISBURSEMENTS, DOMESTIC BOND, DOMESTIC BOND MARKET, DOMESTIC BOND MARKETS, DOMESTIC DEBT, DOMESTIC DEBT MARKETS, DOMESTIC DEBT SECURITIES, EMERGING BOND MARKET, EMERGING ECONOMIES, EMERGING MARKET, EMERGING MARKET BOND, EMERGING MARKET COUNTRIES, EMERGING MARKET DEBT, EMERGING MARKET ECONOMIES, EMERGING MARKETS, EMERGING STOCK MARKETS, EQUITIES, EQUITY FLOWS, EXCHANGE RATE, EXCHANGE RATES, EXPENDITURES, EXPORT GROWTH, EXPORTERS, EXTERNAL DEBT, FINANCES, FINANCIAL FLOW, FINANCIAL FLOWS, FINANCIAL INSTABILITY, FINANCIAL MANAGEMENT, FINANCIAL SYSTEMS, FINANCING REQUIREMENTS, FISCAL DEFICITS, FISCAL POLICIES, FLEXIBLE EXCHANGE RATE, FOREIGN BANK, FOREIGN BANK ENTRY, FOREIGN BANKS, FOREIGN CURRENCY, FOREIGN DIRECT INVESTMENT, FOREIGN EXCHANGE, FOREIGN EXCHANGE RESERVES, FOREIGN EXCHANGE TRANSACTIONS, FORWARD MARKET, GLOBAL DEBT, GLOBAL DEVELOPMENT FINANCE, GLOBAL ECONOMY, GOVERNMENT BONDS, GROSS DOMESTIC PRODUCT, HOLDINGS, HOME CURRENCY, INCOME LEVEL, INDEBTED COUNTRIES, INDIVIDUAL INVESTORS, INFLATION, INITIAL PUBLIC OFFERING, INSURANCE, INTEREST ARREARS, INTEREST RATE, INTEREST RATE SPREADS, INTEREST RATES, INTERNATIONAL BANK, INTERNATIONAL BOND, INTERNATIONAL BOND ISSUES, INTERNATIONAL BONDS, INTERNATIONAL CAPITAL, INTERNATIONAL CAPITAL MARKETS, INTERNATIONAL DEBT, INTERNATIONAL DEVELOPMENT, INTERNATIONAL DIVERSIFICATION, INTERNATIONAL ECONOMICS, INTERNATIONAL FINANCE, INTERNATIONAL FINANCIAL MARKETS, INTERNATIONAL FINANCIAL STATISTICS, INTERNATIONAL INVESTORS, INTERNATIONAL MARKETS, INTERNATIONAL SETTLEMENTS, INVESTMENT CLIMATE, INVESTMENT PATTERNS, IPO, LABOR MARKETS, LIQUIDITY, LOAN, LOCAL CURRENCIES, LOCAL CURRENCY, LOCAL MARKETS, LONG-TERM CAPITAL, LONG-TERM DEBT, LONG-TERM INTEREST, LONG-TERM INTEREST RATES, LONG-TERM INVESTMENT, MACROECONOMIC POLICIES, MACROECONOMIC STABILITY, MARKET ACCESS, MARKET CAPITALIZATION, MARKET PARTICIPANTS, MARKET SHARE, MATURE MARKETS, MATURITIES, MATURITY, MATURITY MISMATCHES, MONETARY FUND, MONETARY POLICY, NET DEBT, OIL PRICES, ORIGINAL AMOUNT, OUTSTANDING DEBT, PENSION, PENSION FUNDS, POLITICAL RISK, PORTFOLIO, PORTFOLIOS, PRICE MOVEMENTS, PRICE STABILITY, PRIVATE CAPITAL, PRIVATE CAPITAL INFLOWS, PRIVATE CREDITORS, PRIVATE DEBT, PRIVATE DEBT FLOWS, PURCHASING POWER, REAL EXCHANGE RATES, REGULATORY AUTHORITIES, REGULATORY FRAMEWORKS, REMITTANCE, REMITTANCES, REPAYMENTS, RESERVE, RESERVES, RETURN, RETURNS, RISK MANAGEMENT, SETTLEMENT, SHORT-TERM BORROWING, SHORT-TERM DEBT, SHORT-TERM INTEREST RATES, SOVEREIGN BOND, SOVEREIGN BONDS, SOVEREIGN DEBT, STATE BANK, STOCK EXCHANGES, STOCK MARKET, TOTAL DEBT, TRADING, TREASURY, TREASURY SECURITIES, TURNOVER, VALUATION, YIELD CURVE,
Online Access:	http://documents.worldbank.org/curated/en/2006/05/10342191/global-development-finance-2006-development-potential-surging-capital-flows-vol-1-3-review-analysis-outlook https://hdl.handle.net/10986/8125
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