Number: 97-881
Title: Multilateral Development Banks Multilateral Development Banks to Developing Countries
Authors: Jonathan E. Sanford, Foreign Affairs and National Defense Division 
Abstract: 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.
Pages: 10
Date: September 17, 1997