Complementarity between multilateral lending and private flows to Developing countries

Dilip Ratha

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Complementarity between multilateral lending and private flows to Developing countries

by Dilip Ratha

2001

World Bank, Development Prospects Group

Description

Even though multilateral loans may have behaved countercyclically with respect to private flows to Developing countries in the short term, these flows tended to complement private flows in the medium term by signaling, and often fostering, a better investment environment in the borrowing country.

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Complementarity between multilateral lending and private flows to Developing countries was written by Dilip Ratha.

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