Surges and Volatility of Private Capital Flows to Asian Developing Countries: Implications for Multilateral Development Banks

P.B. Rana

Abstract: This paper outlines an expanded and more challenging role for multilateral development banks (MDBs) in the provision of longer term development finance. The traditional role has to be further refocused and expanded to cover mobilization of private sector resources, both external and internal.

Keywords: BANKS; ASIA; INTERNATIONAL FINANCE; ECONOMIC DEVELOPMENT (search for similar items in EconPapers)
JEL-codes: O53 O10 F33 (search for similar items in EconPapers)
Date: 1998
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