Multilateral Development Banks Multilateral Development Banks to Developing Countries (CRS Report for Congress)
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| Release Date |
Sept. 17, 1997 |
| Report Number |
97-881 |
| Report Type |
Report |
| Authors |
Jonathan E. Sanford, Foreign Affairs and National Defense Division |
| Source Agency |
Congressional Research Service |
Summary:
Net capital flows to developing countries (new disbursements minus repayments or disinvestments) have increased substantially in recent years, rising from $101 billion in 1990 to more than $237 billion in 1995. Private capital has been the fastest growing element. Many have suggested that private capital can now provide the funds that the developing world needs to finance its development. They say that multilateral development bank loans are not needed in the new international environment. A close look at the data suggests that this may not be the case, particularly for low-income countries.
