The sheer volume of financial resources flowing into and out of developing countries has exploded over the last two decades. To keep pace, international banking and financial standards have matured, requiring more sophistication in institutions that oversee economic systems. This month, I sat down with Andrew Spindler, President and Chief Executive Officer of Financial Services Volunteer Corps, to talk about the evolution of frontier markets in recent years. From combating corruption and money laundering to mobilizing domestic resources, Andrew shares insights about the major factors and trends that are shaping development finance in increasingly interdependent global markets.
Tagged: corruption
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There is something about the promise of a new year – the idea that the new year can bring change for the better. Many of us working in global development choose this work because we believe we can make a positive difference in the world.
For 2019, we have decided to take a deeper look at issues that global development actors often shy away from discussing – the paradoxes and unintended consequences of global development. We’re calling this year’s theme the “darker side” of development, but my hope is that this season will shed light on issues we need to be thinking about as a development community, so that we can make our work more relevant and effective.