External Finance for Private Sector Development Appraisals and Issues [Hardcover]

Foreign finance for private sector development (PSD) has become popular with the donor community and in multilateral development policy fora, seen as an antidote for recipient economies' aid dependency and a way of accomplishing growth, poverty reduction and empowerment. This book analyzes the pattern of foreign finance for PSD and examines multilateral and bilateral donors' practices in PSD financing, giving special attention to microfinance and microenterprises. It also models and explains private capital flows from developed to developing countries and reverse flows in the form of capital flight.Foreign Financing of Developing Countries' Private Sectors: Analysis and Description of Structure and Trends; M.O.Odedokun Comparative Appraisal of Multilateral and Bilateral Approaches to Financing Private Sector Development; P.Gibbon & L.Schulpen Bilateral Official and Non-Governmental Organizations' Supports for Private Sector Development; A.Jimoh Multilateral Development Banks and Private Sector Financing: The Case of IFC; G.Mavrotas Donors' Support for Microcredit as Social Enterprise: A Critical Reappraisal; M.Nissanke Flow of Foreign Direct Investment in Developing Countries: A Two-part Econometric Modeling Approach; O.Akinkugbe Flight Capital and Its Reversal for Development Financing; N.Hermes , R.Lensink & V.Murinde The Pull and Push Factors in North-South Private Capital Flows: Conceptual Issues and Empirical Estimates; M.O.Odedokun

'It seems that with each new book it issues, UNU-WIDER further establishes its reputation as the intellectual leader among international organisations.' -John Weeks, Professor of Development Economics, SOAS, University of London

OLUYELE AKINKUGBE Senior Lecturer in the Department of Economics at the University of BotswanaPETER GIBBON Programme Leader at the Institute for International Studies (formally CDR), CopenhagenNIELS HERMES Teaches Economics at the Faculty of Management and Organization, the Univels•