Myths of the West: lessons from developed countries for development finance.
Over the years, World Bank missions recommended establishing development finance companies (DFCs) to provide long term financing for worthwile ( primarily industrial ) projects. The author reviews the DFCs performance and states that in general, it has been disappointing. Few are self supporting; a...
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| Format: | Working paper |
| Language: | English |
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World Bank
1989
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