TY - BOOK ED - World Bank. TI - Private capital flows to developing countries: the road to financial integration SN - 0195211162 AV - HG5993 .P747 1997 U1 - 332.67'3'091724 PY - 1997/// CY - New York PB - Oxford University Press for the World Bank KW - Investments, Foreign KW - Capital movements N1 - Errata slip inserted; Includes bibliographical references (p. 391-406) N2 - The report analyzes the causes and effects of integration, with a particular emphasis on how developing countries in the nascent stages of integration can learn from the experiences of the more rapidly integrating developing countries. The first half of the report provides the setting, analyzing the process of financial integration, the forces driving private capital to developing countries, and the potential benefits of integration. The second half looks at the domestic policy challenges that developing countries must overcome, including the macroeconomic problems of an overheating economy, reforms in the domestic financial sector, and the agenda for capital market reform UR - http://www.loc.gov/catdir/enhancements/fy0604/97011785-d.html UR - http://www.loc.gov/catdir/enhancements/fy0604/97011785-t.html ER -