Guaranteeing development? the impact of financial guarantees /

This volume tests the relevance and usefulness of guarantees to public and private actors in developing countries, especially for funding development projects. The presence of guarantees from multilateral or bilateral agencies can encourage financial flows either to increase, or to go where they oth...

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Bibliografiska uppgifter
Huvudupphov: Winpenny, J. T.
Institutionella upphov: Organisation for Economic Co-operation and Development. Development Centre, SourceOECD (Online service), ProQuest (Firm)
Materialtyp: Elektronisk E-bok
Språk:engelska
Utgiven: Paris, France : Organisation for Economic Co-operation and Development, c2005.
Serie:Development Centre studies.
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245 1 0 |a Guaranteeing development?  |h [electronic resource] :  |b the impact of financial guarantees /  |c by James Winpenny. 
246 3 0 |a Impact of financial guarantees 
260 |a Paris, France :  |b Organisation for Economic Co-operation and Development,  |c c2005. 
300 |a 107 p. :  |b ill. 
490 1 |a Development Centre studies 
504 |a Includes bibliographical references (p. 105-107). 
505 0 |a What the study aims to do, and why -- The case for guarantees -- Costs and potential distortions of guarantees -- The developmental impact of guarantees -- Conclusions, questions and loose ends. 
520 |a This volume tests the relevance and usefulness of guarantees to public and private actors in developing countries, especially for funding development projects. The presence of guarantees from multilateral or bilateral agencies can encourage financial flows either to increase, or to go where they otherwise might not. In this way, they can have a positive effect on sovereign ratings as well as their immediate direct effect on the local development environment. As a bonus, this study finds, development guarantees can help stimulate and stabilize local capital markets, thus providing future benefits for both public and private investors.--Publisher summary. 
590 |a Electronic reproduction. Ann Arbor, MI : ProQuest, 2018. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries. 
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