3 Review(s)

The Trade and Development Report 2008, subtitled "Commodity Prices, Capital Flows and the Financing of Investment" highlights the paradox that the "capital poor" developing world is exporting capital to the "capital rich" developed countries. The Report suggests shifting the focus in financial policies from households "putting more money aside" and imports of "foreign savings", to the reinvestment of profits and credit creation through the domestic banking system.