Development finance

by Stephen Spratt

This book examines the subject of Development Finance, or more specifically how financial systems can help or hinder the process of human development. As an expert in this field, Stephen Spratt reviews the components of the domestic and international financial systems, and considers reform options objectively against the central goal of human development. The result is a combination of orthodox and more innovative approaches, which provides a thorough grounding in development finance theory and practice in the 21st century. Topics covered in the book Focusing on the roles of the World Bank and the IMF and with a host of case studies and real world examples from Asia, Africa and Latin America as well as the "transition" economies of Eastern Europe, the author examines developing countries’ engagement with the international financial system and its influence on the process of human development, both positive and negative.

432 pages, Paperback

First published November 20, 2007

Reviews

[Routledge Economics · Rating 5 out of 5]

The market for books in development economics is saturated with general studies and most books become out of date very quickly. This book is one of the best recent texts to specifically turn its attention to development finance - so, as well as providing a pithy explanation of the inner workings of various national financial systems, the author has covered the interlinking of national economies in the sphere of international finance. Unlike many development texts, the book is equally strong on all areas of the developing world - its real life case material is not biased toward a particular region or the fashionable G20 countries - transition economies are also well covered. If you want a highly readable account of the financial challenges facing the developing world, this is your book.