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Título
International finance and development: Opportunity or threat?
Autor
Facultad/Centro
Área de conocimiento
Título de la revista
CEPAL Review
Número de la revista
96
Cita Bibliográfica
García-Arias, J. (2008). International finance and development: Opportunity or threat? Cepal Review, 96, 159–173. https://doi.org/10.18356/577A5D0B-EN
Editorial
Naciones Unidas. CEPAL, Comisión Económica para América Latina y El Caribe
Fecha
2008
Resumen
[EN] The volume of assets traded on international financial markets
has reached gigantic proportions. The question must arise, then, as to
whether international finance might play a decisive role in the provision of
stable resources in the quantities needed to fund development. This article
analyses the function that international finance might perform and that it
actually has performed, focusing specifically on the analysis of private
capital flows, official development assistance and external borrowing. It
concludes that there need to be far-reaching structural reforms in the
workings of the international financial system and in development financing
instruments and mechanisms if these are to be placed at the service of
long-term development goals.
Materia
Palabras clave
Peer review
SI
URI
DOI
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