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Financing Development in the UNECE Emerging Markets

Author

Listed:
  • Robert Shelburne

    () (United Nations Economic Commission for Europe)

Abstract

This essay discusses the challenges in financing economic development in the eastern European and CIS economies. The advantages and pitfalls of extensively relying external capital are explored.

Suggested Citation

  • Robert Shelburne, 2008. "Financing Development in the UNECE Emerging Markets," UNECE Annual Report Economic Essays 2008_2, UNECE.
  • Handle: RePEc:ece:annrep:2008_2
    as

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    File URL: http://www.unece.org/fileadmin/DAM/oes/nutshell/2008/2_Financing_Development.pdf
    File Function: First version, 2008
    Download Restriction: no

    Citations

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    Cited by:

    1. Robert Shelburne, 2010. "The Global Financial Crisis and Its Impact on Trade: The World and the European Emerging Economies," ECE Discussion Papers Series 2010_2, UNECE.

    More about this item

    Keywords

    Financing for development; external finance; capital flows; foreign direct investment; Europe; transition economies; savings; investment;

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
    • P33 - Economic Systems - - Socialist Institutions and Their Transitions - - - International Trade, Finance, Investment, Relations, and Aid

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