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Innovative Financing for Development

Innovative Financing for Development

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Creators: Suhas Ketkar, Dilip Ratha
Publisher: World Bank Publications
Category: Book

List Price: $29.95
Buy New: $18.95
You Save: $11.00 (37%)



New (4) Used (2) from $18.95

Sales Rank: 190598

Media: Paperback
Pages: 201
Number Of Items: 1
Shipping Weight (lbs): 0.6
Dimensions (in): 8.9 x 6 x 0.5

ISBN: 0821376853
Dewey Decimal Number: 338.90091724
EAN: 9780821376850
ASIN: 0821376853

Publication Date: September 30, 2008
Availability: Usually ships in 1-2 business days
Shipping: Expedited shipping available
Shipping: International shipping available
Condition: Brand New Book! Orders ship within 1 Business Day!

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Product Description
Developing countries need additional, cross-border capital channeled into their private sectors to generate employment and growth, reduce poverty, and meet the other Millennium Development Goals. Innovative financing mechanisms are necessary to make this happen. "Innovative Financing for Development" is the first book on this subject that uses a market-based approach. It compiles pioneering methods of raising development finance including securitization of future flow receivables, diaspora bonds, and GDP-indexed bonds. It also highlights the role of shadow sovereign ratings in facilitating access to international capital markets. It argues that poor countries, especially those in Sub-Saharan Africa, can potentially raise tens of billions of dollars annually through these instruments. The chapters in the book focus on the structures of the various innovative financing mechanisms, their track records and potential for tapping international capital markets, the constraints limiting their use, and policy measures that governments and international institutions can implement to alleviate these constraints.

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