This book outlines policies developing nations can adopt to reduce financial risk and, turning to the needs of the poorest of the least developed countries, examines a variety of proposals aimed at increasing the concessional assistance to the countries that cannot qualify for commercial bank funds.
1. Introduction 2. Theoretical Approaches to Growth and Development in Developing Countries 3. The Historical Role of Financial Institutions in the Growth of Developing Nations 4. The Current Need for External Financial Resources in Developing Countries 5. Sources of External Finance to Developing Countries 6. Banks as a Source of External Finance in Non-Oil LDCs 7. The Contribution of International Banking to Growth in Non-Oil Developing Countries 8. Some Criticisms of the Role of International Banks in Financing the Non-Oil LDCs 9. The Importance of Appropriate Domestic Economic Policies in Complementing the Contribution of the International Banks 10. The Financing Needs of the Least-Developed Countries 11. Conclusion