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Leveraging Financial Markets for Development

How KfW Revolutionized Development Finance

Peter Volberding

978-3-030-55008-0

2021
Edition 1
- Argues that development institutions, and most notably Germany’s KfW, have been at the forefront of integrating development policy with private financial markets
- Develops a synthesized framework to understand why development institutions have mobilized private finance, and why donor governments have been willing to absorb the risk in new financial instruments
- Provides the only independent scholarship of KfW and its role in global development finance, and documents other under-researched areas within development, including national development banks and World Bank-sponsored development finance companies
€100

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