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| Tekijä: | Rowley, A. |
| Otsikko: | Operation flood control |
| Lehti: | Banker
1996 : OCT, VOL. 146:848, p. 31-33 |
| Asiasana: | BANKING IMF CAPITAL MARKETS |
| Kieli: | eng |
| Tiivistelmä: | The main tasks facing the World Bank and the IMF are controlling the flows of private capital to developing countries and ensuring they have the right conduits. Some people have simplistically asserted that the World Bank is no longer needed in an age when the private sector can handle the job of development. Others claim the IMF is redundant because the capital markets have in effect taken over its function. In fact, the reverse is true and the IMF has moved to centre stage in global finance. |
SCIMA