Encouragement for emerging markets

Published: 04 August, 2003

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As investment in developing nations grinds to a halt, Stephany Griffith-Jones considers the alternatives.

Encouraging capital flows to developing countries is crucial at a time when they are faced with a dearth of investment. If a drought of capital flows to emerging markets continues, the policy agenda needs to shift sharply, both nationally and internationally, encouraging sufficient stable private flows.