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How to finance economic development in the new millennium : German capital exports to Asia and the debate on the effectiveness of official development financing

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dc.creator Nunnenkamp, Peter
dc.date 2000
dc.date.accessioned 2013-10-16T06:03:22Z
dc.date.available 2013-10-16T06:03:22Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/2425
dc.identifier ppn:314116842
dc.identifier ppn:314116842
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/2425
dc.description Germany's role in financing economic development in Asia on a sustainable basis leaves much to be desired. Direct investors are still underrepresented in the region. Commercial banks have fueled speculative bubbles. Official development financing does not appear to be based on efficiency-related criteria. As concerns development financing in the new millennium, the challenge for relatively advanced emerging market economies is mainly to restructure private capital inflows in order to soften boom and bust cycles. Official development financing needs major reforms in order to promote economic growth, alleviate poverty and support good governance in low-income developing countries.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kiel Working Papers 981
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject F35
dc.subject F30
dc.subject ddc:330
dc.subject official development assistance
dc.subject private capital flows
dc.subject Entwicklungsfinanzierung
dc.subject Kapitalexport
dc.subject Direktinvestition
dc.subject Deutschland
dc.subject Asien
dc.subject Entwicklungsländer
dc.title How to finance economic development in the new millennium : German capital exports to Asia and the debate on the effectiveness of official development financing
dc.type doc-type:workingPaper


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