Finance
Analysis
14 June 2000 | Briefings
Drowning By Numbers: the IMF, the World Bank and North-South Financial Flows, 1998
This paper considers whether private sector flows is an effective alternative to development assistance. It examines the implications of increased private sector inflows in terms of the potential to create unsustainable debt burdens and to tie the hands of policy makers to a limited set of policies critical for foreign investors but potentially detrimental to the domestic economy.
