Financial flows to developing countries: the role of the International Monetary Fund

1981 ◽  
Vol 7 (2) ◽  
pp. 91-105 ◽  
Author(s):  
Graham Bird

This paper sets out to investigate the importance to less developed countries (LDCs) of the International Monetary Fund (IMF) as a source of short to medium term finance. A discussion of longer term concessionary aid falls outside the scope of the analysis, though this will be alluded to at times.

1968 ◽  
Vol 22 (1) ◽  
pp. 131-151 ◽  
Author(s):  
Edward M. Bernstein

One would not ordinarily think of the International Monetary Fund (IMF) as of particular importance to the less developed countries. Nevertheless, in recent years the less developed coun-tries have come to have a very high regard for the IMF; and the IMF, in turn, has become the great defender of the interests of the less developed countries. This entente has evolved out of the course of events. In the current discussions on international monetary reform the IMF has be-come the spokesman for universal participation in reserve creation. This suits the institutional interests of the IMF. At the same time it makes the IMF the advocate of the interests of the less developed countries


Weed Science ◽  
1972 ◽  
Vol 20 (5) ◽  
pp. 408-413 ◽  
Author(s):  
C. Parker

When the topic of this talk was first discussed, it was suggested that I might deal with developments in weed science outside the USA, but one had only to pause for a moment to realise that this was a hopelessly vast topic which could not usefully be dealt with in one presentation. I had, therefore, to choose between discussing the advances occurring in the more developed territories such as Europe and Japan and the advances or lack of advance in the less developed countries. It was natural enough for me to narrow my discussion to the developing countries, not only because of my personal experience in this sphere, but also because I believe there is a great deal to consider in this context which is of relevance to the theme for today, namely “a positive concern for society”.


2021 ◽  
Vol 15 (2) ◽  
pp. 116-119
Author(s):  
Zarifa Polad Mammadova ◽  

The International Monetary Fund (IMF) is an international organization that plays an important role in regulating the economy and aims to prevent the economic crisis by providing various loans to many developing countries. At the same time, one of the IMF's priority goals is to reduce poverty. The article clarifies the issues related to the regulation of economic relations between the IMF and its consequences, as well as examines the legal and factual aspects of this regulation. Key words: The International Monetary Fund, organization, governance, surveillance, financial and technical functions, poverty reduction


2021 ◽  
Vol 26 (3) ◽  
pp. 205-210
Author(s):  
Simone Borghesi

AbstractThe present article describes the main insights deriving from the papers collected in this special issue which jointly provide a ‘room with a view’ on some of the most relevant issues in climate policy such as: the role of uncertainty, the distributional implications of climate change, the drivers and applications of decarbonizing innovation, the role of emissions trading and its interactions with companion policies. While looking at different issues and from different angles, all papers share a similar attention to policy aspects and implications, especially in developing countries. This is particularly important to evaluate whether and to what extent the climate policies adopted thus far in developed countries can be replicated in emerging economies.


The research investigate the impact of foreign shareholding originated from developed and developing countries on the efficiency of acquired local banks in Indonesia during 2007-2017 by including Corporate Governance as a moderating variable. Methodology: Using the secondary aggregate data of 29 commercial banks acquired by foreign shareholders, a panel regression model using econometrics methods of GLS, and DEA were applied to examine the effects of percentage of foreign shareholdings on efficiency of the acquired local banks. The main findings; First, percentage of foreign shareholdings positively affecting efficiency of acquired local banks only if the foreign shareholders is originated from developed countries. Second, the level of economic advancement of the country of origin of foreign shareholders has significant effects on the efficiency of the acquired local banks. Third, the increase in the size of the Board of Directors tends to decrease the efficiency of the acquired local banks and fourth, the presence of Foreign Director has a positive moderating effect on strengthening the effect of percentage of foreign shareholdings on the efficiency of the acquired local banks. Overall, the originality of this studies is that the percentage of foreign shareholdings and its country of origin are two combined factors that cannot be separated in affecting the level of efficiency of its acquired local bank and the fact of significant positive moderating effect of Foreign Director. As policy consideration, monetary authority need to perform strict due diligence on prospective foreign shareholders specifically originated from developing countries, advise banks to maintain the existence of Foreign Director and to encourage small local banks to be merged prior to the acquisition by foreign shareholders.


Author(s):  
Linda L. Lillard

“Entrepreneurial spirit has been described as the most important economic development stimulus in recent decades” (Chalhoub, 2011, p. 67). In the early 1990s it was estimated that small to medium sized enterprises SMEs employed 22% of the adult population in developing countries and the role of SMEs is viewed as increasingly important in developing countries because of their capacity to create jobs (Okello-Obura, Minishi-Majanja, Cleote, & Ikoja-Odongo, 2007, p. 369). According to Lingelback, de la Viña and Asel (2005), even though entrepreneurship has been linked to wealth and poverty in developing countries and has played an important role in growth and poverty alleviation, it is the least studied significant economic and social phenomenon in the world today. Examining how the information needs and information seeking behavior of entrepreneurs from developing countries may differ from entrepreneurs in developed countries is important as it has been suggested that “entrepreneurship in developing countries is distinctive from that practice in developed countries and that understanding these distinctions is critical to private sector development in developing countries” (Lingelback, de la Vina, & Asel, 2005, p. 2). A review of the studies produced thus serves as a beginning for designing information packages and information services that can benefit a global population. Consequently, this chapter targets the information needs and information seeking behavior of entrepreneurs revealed in studies associated with SMEs in both developed and developing countries and offers conclusions and recommendations for meeting the information needs of this population.


Sign in / Sign up

Export Citation Format

Share Document