Participants at the just ended IMF high level conference held in Livingstone agreed that capital flows to developing countries are generally beneficial.
They also agreed that the composition of capital flows matters for financial stability and growth, and that effectively managing the inflow phase of the capital flow cycle is the best protection against challenges that arise when capital flows reverse.
Finance Minister Felix Mutati and David Lipton and IMF First Deputy Managing Director opened the conference under the theme “Managing Capital Flows: Challenges for Developing Countries.
Paul Krugman, Nobel laureate and Distinguished Professor of Economics at the City University of New York, delivered a keynote address.
The conference heard that capital flows to many developing countries have recently declined because of low commodity prices and weak growth.
The conference provided a forum for policy makers to share experiences on how best to reap the benefits from capital flows, while managing the risks.
policies and macroeconomic stability were considered key to help reignite high-quality capital flows.
Some lessons drawn from the shared experience of participants are that the composition of capital flows matters for financial stability and growth, and that effectively managing the inflow phase of the capital flow cycle is the best protection against challenges that arise when capital flows reverse.
Speakers on the program included policy makers and senior officials from Cameroon, Chile, India, Kenya, Mozambique, South Africa, and Zambia, as well as distinguished academics, economic analysts, and market participants.
Also in attendance were senior officials from other developing and emerging market countries.
Agreed…rubbish. This is already proved ecnomics..wate of time re-inventing the wheel, but what do you expect of IMF capatailist on that list for per diem, and dull PF in government who are equally hungry for per diem and looting for property acquisitio abroad?
Hehehehe
The kaponyas want to know when the 1.6 billion is comming.. ….not educational courses on how to use manee.
“….macroeconomic stability were considered key to help reignite high-quality capital flows….”
What the fek @#$@!/^&$, were is the 1.6 billion you promised ba IMF ? we will go to university if we need to know such…..
Aahhhaa …….Mr njimbu Can you pleas advise us when to expect this money pleas, money to be raining on the kaponyas in the corridors of power. ???
We don’t need imf loans apparently we are making 51 million dollars a day as stated by mutati the mmd president who is also a mere minister under pf kikiki
Enemy of progress by the name. … Nez.
Ever expecting negative outcomes you demon!!
Why is IMF so desperate to loan zambia?
Mutati is a sorry sight …the man would do anything for that $1.6 billion, what a disgrace!!