Recent trends in external finance and debt
- Author: United Nations Conference on Trade and Development
- Main Title: The Least Developed Countries Report 1996 , pp 17-37
- Publication Date: December 1996
- DOI: https://doi.org/10.18356/9f0515ff-en
- Language: English
As regards all developing countries, the first half of the 1990s has been characterized by an upsurge in capital inflows and by a change in the composition of these flows, with the net flow of official development finance decreasing in relative importance. While the resource flow was earlier dominated by official flows and commercial bank lending to public-sector borrowers, the recent increase has largely taken the form of private direct investment and portfolio flows to private-sector borrowers. At the same time as LDCs have been affected by the stagnation in official development assistance (ODA), they have captured little of the increase in private flows.
© United Nations
ISBN (PDF):
9789210451352
Book DOI:
https://doi.org/10.18356/cdd8d339-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
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