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Impact of Development Finance Institutions on Economic Growth: Implications for Reconstruction and Development Fund of Uzbekistan

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Listed:
  • Inomjon Jumaniyozov

    (Department of Finance, Tashkent Institute of Finance, Uzbekistan)

Abstract

The International financial system has been increasingly supporting the economic growth in all economic groups of countries by offering a range of opportunities to push development paces. Establishment of financial development institutions is growth driving engine of both developed and developing countries through development-oriented projects and funding tools. However, developing economies are facing particular challenges in prioritizing the basic financing areas through the development of financial tools. This article analyses the impact of global development finance institutions on world economic growth and proposes policy and research-oriented recommendations for Reconstruction and Development Fund of Uzbekistan.

Suggested Citation

  • Inomjon Jumaniyozov, 2018. "Impact of Development Finance Institutions on Economic Growth: Implications for Reconstruction and Development Fund of Uzbekistan," International Journal of Management Science and Business Administration, Inovatus Services Ltd., vol. 4(2), pages 84-88, January.
    • Handle: RePEc:mgs:ijmsba:v:4:y:2018:i:2:p:84-88
    DOI: 10.18775/ijmsba.1849-5664-5419.2014.42.1009
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    References listed on IDEAS

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    1. Atkinson, A. B. (ed.), 2004. "New Sources of Development Finance," OUP Catalogue, Oxford University Press, number 9780199278565.
    2. Jha, Raghbendra, 2002. "Innovative Sources of Development Finance - Global Cooperation in the 21st Century," Departmental Working Papers 2002-09, The Australian National University, Arndt-Corden Department of Economics.
    3. Tony Addison & George Mavrotas & Mark McGillivray, 2005. "Development assistance and development finance: evidence and global policy agendas," Journal of International Development, John Wiley & Sons, Ltd., vol. 17(6), pages 819-836.
    4. Nemat Shafik, 2011. "The Future of Development Finance - Working Paper 250," Working Papers 250, Center for Global Development.
    5. Machiko Nissanke, 2003. "Revenue Potential of the Currency Transaction Tax for Development Finance: A Critical Appraisal," WIDER Working Paper Series DP2003-81, World Institute for Development Economic Research (UNU-WIDER).
    6. Raghbendra Jha, 2004. "Innovative Sources of Development Finance: Global Cooperation in the Twenty‐first Century," The World Economy, Wiley Blackwell, vol. 27(2), pages 193-214, February.
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    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General

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