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CAIRO BOOKS's Description
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 21 st century. Topics covered in
the book include:
The Millennium Development Goals
Financial crises and international capital flows
The role of the private sector
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.