Internal Sources of Development Finance

Internal Sources of Development Finance

Editorial Reviews
Book Description
The 1980s have witnessed the mass migration of developing countries and the erstwhile socialist nations to market-based economic systems. The reality is that limited finance has been a formidable barrier to these countries' growth and development. Moreover, they need to rely on their internal sources as external funds are not easily forthcoming. This book identifies four sources of internal finance--tax policies, capital markets, specialized financial institutions (such as development banks), and privatization of the public sector. It examines the conceptual foundations, operating and theoretical issues as well as strategic considerations relating to these sources. Efficient financial intermediation is seen as the key to the growth and development of these nations.

About the Author
P. C. KUMAR is Associate Professor at the Kogod College of Business Administration, The American University, Washington, D.C.

Internal Sources of Development Finance,P.C. Kumar,Quorum Books,0899304613,Business / Economics / Finance,Business/Economics,Developing countries,Economic Development,Finance,Financial Economics (General),Privatization,Business & Economics / Finance

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