Development Finance

By: Stephen Spratt

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Paperback | 25 September 2008 | Edition Number 1

At a Glance

Paperback
434 Pages

Dimensions(cm)
23.39 x 15.6 x 2.24

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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 include:

The Millennium Development Goals
Financial crises and international capital flows
The role of the private sector
Microfinance.

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.

Industry Reviews

"While many authors have previously examined the causes of economic development, few have focused directly and extensively on its relationship with financial systems. Spratt takes his unique angle in his new book, which provides ample coverage of both theory and practice in the field of development finance. ... Overall, a valuable reference for scholars and practitioners in this new, emerging field. Highly recommended." -- CHOICE (July 2009); H. A. Faruq, Xavier University

"While many authors have previously examined the causes of economic development, few have focused directly and extensively on its relationship with financial systems. Spratt takes this unique angle in his new book, which provides ample coverage of both theory and practice in the field of development finance. ... a valuable reference for scholars and practitioners in this new emerging field. Highly recommended." - CHOICE (July 2009 Vol. 46) by H.A. Faruq, Xavier University

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