VOL. XLIII

No. 41

9-OCTOBER-2000

GCC

The Middle East And Private Capital Inflows: Muscling In Or Missing Out

According to the latest International Monetary Fund (IMF) report on international capital markets,total net private capital inflows into emerging markets in 1999 amounted to $80.5bn, or 7% higher than the previous year. Both the IMF and the World Bank confirm that private capital flows have replaced official flows as the largest external source of capital for developing countries and now...