© 2003

Development Finance


Table of contents

  1. Front Matter
    Pages I-XVI
  2. P. K. Rao
    Pages 53-72
  3. P. K. Rao
    Pages 73-95
  4. P. K. Rao
    Pages 97-115
  5. P. K. Rao
    Pages 117-145
  6. P. K. Rao
    Pages 147-159
  7. P. K. Rao
    Pages 161-183
  8. P. K. Rao
    Pages 185-199
  9. Back Matter
    Pages 201-212

About this book


Improved understanding of the key role of financial aspects in the growth and development of economic systems is an important aspect of economic analysis. This first textbook on development finance provides a comprehensive coverage of this new area of economics. The book integrates relevant theoretical approaches and their policy applications. A unique perspective combines transaction cost economics and neoclassical economics. The author also treats important policy issues of national and international relevance. The roles of public and private finance, domestic and external finance, short-term and long-term capital flows, sovereign debt management features, country risk and other determinants of foreign direct investments, multilateral official development assistance and development of financial institutions are some of the topics examined in this book.


Banking Development Finance Economic Development Finance Financial Architecture International Development International Finance Investment Investments

Authors and affiliations

  1. 1.Global Development InstituteLawrencevilleUSA

About the authors

P. K. Rao has worked at Harvard and Rutgers Universities, undertook several major international consultancies, and has published over 60 papers and books worldwide.

Bibliographic information

Industry Sectors
Finance, Business & Banking