Development Banking the Issue of Public And Private Development Banking

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Development Banking the Issue of Public And Private Development Banking
Paul E Roberts
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AID. In this way, both public and private development banks can be analyzed within single countries in light of the re- strictive policies of both the World Bank Group and AID. Certain other countries considered for analysis were rejected because they did not fulfill the above conditions.
5. CHARACTERISTICS OF DEVELOPMENT BANKS While it: is difficult to develop a model development bank, they all seem to have a basic common characteristic, that being the introduction of long-term investment obje
...ctives into an economy which had traditionally been characterized by short-run outlook. By introducing a long-term philosophy, the banks also provide a means by which domestic capital can be utilized within the underdeveloped country in question. Without a mechanism to bring together resources of a long-term nature, as well as the investment opportunity itself, there is little incentive for domestic capital which may be available o for this type of investment to be invested in the country in question.

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