Development Financing or “Take from the Poor and Give to the Rich”

Ernst G. Frankel

Chapter 7 in Managing Development, 2005, pp 179-191 from Palgrave Macmillan

Abstract: Abstract The popular version of the contribution of international financial institutions to the economic development of poor nations describes how they guided and financially assisted these countries from depressed colonial conditions towards economic growth, effective development, and independence.

Keywords: Foreign Direct Investment; Private Investment; Free Enterprise; Debt Relief; International Development Association (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-00629-4_8

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DOI: 10.1057/9780230006294_8

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