Download or read book Global Development Finance 2004 written by and published by World Bank Publications. This book was released on 2004-01-01 with total page 676 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication contains the World Banks annual review of global financial conditions facing developing countries. This two volume set looks at recent trends in and prospects for financial flows to developing countries; as well as giving a comprehensive range of data tables for 136 countries that report debt under the World Bank Debtor Reporting System, and summary data for regions and income groups. Findings include that the external financing environment facing developing countries improved in 2003, as global growth gained momentum, key commodity prices rose, financial markets recovered, interest rates remained low and private capital flows reached their highest levels in five years. The report focuses on how these gains can be utilised to promote long-term investment and growth in developing countries. (Please note that the first volume of this set is also available separately (ISBN 0821357409).