Arbeitspapier

How to finance economic development in the new millennium: German capital exports to Asia and the debate on the effectiveness of official development financing

Germany's role in financing economic development in Asia on a sustainable basis leaves much to be desired. Direct investors are still underrepresented in the region. Commercial banks have fueled speculative bubbles. Official development financing does not appear to be based on efficiency-related criteria. As concerns development financing in the new millennium, the challenge for relatively advanced emerging market economies is mainly to restructure private capital inflows in order to soften boom and bust cycles. Official development financing needs major reforms in order to promote economic growth, alleviate poverty and support good governance in low-income developing countries.

Sprache
Englisch

Erschienen in
Series: Kiel Working Paper ; No. 981

Klassifikation
Wirtschaft
Foreign Aid
International Finance: General
Thema
private capital flows
official development assistance
Entwicklungsfinanzierung
Kapitalexport
Direktinvestition
Deutschland
Asien
Entwicklungsländer

Ereignis
Geistige Schöpfung
(wer)
Nunnenkamp, Peter
Ereignis
Veröffentlichung
(wer)
Kiel Institute of World Economics (IfW)
(wo)
Kiel
(wann)
2000

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Nunnenkamp, Peter
  • Kiel Institute of World Economics (IfW)

Entstanden

  • 2000

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