Browse
You are looking at 1 - 1 of 1 items for :
- Cross-cutting issues x
- Labour; income economics x
- Financial and monetary sector x
- Civil service & public sector x
- Japan x
- Public Enterprises; Public-Private Enterprises x
- Korea, Republic of x
- Mexico x
- International Agreements and Observance; International Organizations x
- Finance and accounting x
- Economics x
- Economic Development x
- Financial institutions x
- Labor Economics: General x
- International organization x
- Financial Crises x
- Economic & financial crises & disasters x
- International Economics x
- Banks; Depository Institutions; Micro Finance Institutions; Mortgages x
- Development x
This paper anlayzes the role of the International Financial Corporation (IFC) in promoting economic development in developing countries with the private sector. IFC promotes growth of new companies, indigenous companies, and helps to introduce more capital from private sources into developing countries. Many countries need to develop capital market institutions such as stock exchanges, securities companies, leasing companies, and financial intermediaries of one kind or another. IFC has a special department, partly financed by the World Bank, that has provided expertise in these areas to a number of countries.