After a massive international campaign calling attention to the development impact of foreign debt, the Heavily Indebted Poor Countries (HIPC) initiative is now underway. But will the HIPC Initiative meet its high expectations? Will debt relief substantially raise growth? How do we make sure...

Restructuring the balance sheets of Western governments, banks and households is an important issue in the recovery after the recent crisis. Chorafas' latest book focuses on sovereign debt, sovereign risk and the developing economic and financial business climate and explains why the year of the...

Foreword (by Sugata Marjit, Reserve Bank of India Professor of Industrial Economics and Director, Centre for Studies in Social Sciences, Calcutta (CSSSC), Kolkata, India) -- Chapter 1. Role of FDI in Developing Countries: Basic Concepts and Facts -- Chapter 2. General Equilibrium Models:...

This volume examines foreign investment in developing countries both from a theoretical perspective and country specific perspective. It covers strategies to maximize the benefits that draw from the inward investment flow as well as examining foreign investment as a vehicle for international...

During the past twenty or so years, foreign direct investment (FDI) flows have increased at rates approaching the astounding, especially so during the 1990s. While much of the increase was due to unprecedented cross-border mergers and acquisitions among high-income countries, the amount of FDI...

Foreign finance for private sector development (PSD) has become popular with the donor community and in multilateral development policy fora, seen as an antidote for recipient economies' aid dependency and a way of accomplishing growth, poverty reduction and empowerment. This book analyzes the...

The economic, political and social situation in Chile shows a country in transition. Some observers anticipate a broad “reboot” of the nation. While Chile is still seen by many as an example of progress in South America and of developmental potential in the global South, it faces a complex...

National economies are linked through flows of capital and goods. This book addresses those linkages, analyzes their benefits for economic development, and evaluates a country’s opportunities to reap the best possible rewards by influencing the linkages. The book focuses on the role of product...

Chapter 1: Introduction to "Entrepreneurship in Post-Communist Countries: New Drivers towards a Market Economy" -- Part 1: Entrepreneurship in Post-Transition Context -- Chapter 2: The influence of the motives of entrepreneurial activity on economic growth of developing countries in Southeast...

This book presents a comprehensive evaluation of the likely economic impact upon the UK economy arising from Brexit. It seeks to assess both the methods adopted, and conclusions reached, by the existing economic studies, and supplements this by providing additional evidence to assist the reader...