DCM, ECM missing in action in poor countries
The world’s poorest countries receive just a trickle of investment from debt and equity capital markets, despite new figures showing that overall foreign investment is now about as large as official aid payments.
An analysis of foreign investment flows into low-income countries (LICs) showed that private capital inflows jumped to $39bn or 6.6% of recipient countries’ GDP in 2017, from just 1.2% a decade earlier.
Official aid payments have over that time declined from 12.2% to 6.8%, according to the Center ...Please take a trial or subscribe to access this content.
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