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"Developing countries need additional, cross-border capital channeled into their private sectors to generate employment and growth, reduce poverty, and meet the other Millennium Development Goals. Innovative financing mechanisms are necessary to make this happen. Innovative Financing for Development is the first book on this subject that uses a market-based approach. It compiles pioneering methods of raising development finance including securitization of future flow receivables, diaspora bonds, and GDP-indexed bonds. It also highlights the role of shadow sovereign ratings in facilitating…
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1 edition- Other · English · 2008World Bank · 201 pages · 9780821376850
Economic assistanceEconomic developmentFinanceFinance, developing countries