Complementarity between multilateral lending and private flows to Developing countries some empirical results

Even though multilateral loans may have behaved countercyclically with respect to private flows to Developing countries in the short term, these flows tended to complement private flows in the medium term by signaling, and often fostering, a better investment environment in the borrowing country

Bibliographic Details
Main Author: Ratha, Dilip
Corporate Author: World Bank Development Prospects Group
Format: eBook
Language:English
Published: Washington, D.C World Bank, Development Prospects Group 2001
Series:Policy research working paper
Subjects:
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
Description
Summary:Even though multilateral loans may have behaved countercyclically with respect to private flows to Developing countries in the short term, these flows tended to complement private flows in the medium term by signaling, and often fostering, a better investment environment in the borrowing country
Item Description:"December 2001. - Includes bibliographical references (p. 15-18). - Title from title screen as viewed on Aug. 23, 2002