@techreport{Nunnenkamp2000finance,
abstract = {Germany's role in financing economic development in Asia on a
sustainable basis leaves much to be desired. Direct investors are still
underrepresented in the region. Commercial banks have fueled
speculative bubbles. Official development financing does not appear to
be based on efficiency-related criteria. As concerns development
financing in the new millennium, the challenge for relatively advanced
emerging market economies is mainly to restructure private capital
inflows in order to soften boom and bust cycles. Official development
financing needs major reforms in order to promote economic growth,
alleviate poverty and support good governance in low-income developing
countries.},
address = {Kiel},
author = {Peter Nunnenkamp},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {F35; F30; 330; official development assistance; private capital flows; Entwicklungsfinanzierung; Kapitalexport; Direktinvestition; Deutschland; Asien; Entwicklungsl\"{a}nder},
language = {eng},
number = {981},
publisher = {Kiel Institute for the World Economy (IfW)},
title = {How to finance economic development in the new millennium : German capital exports to Asia and the debate on the effectiveness of official development financing},
type = {Kiel Working Papers},
url = {http://hdl.handle.net/10419/2425},
year = {2000}
}
