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: income inequality
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This year, we’ve been exploring the darker side of development, and we’ve examined examples of the paradoxes and unintended consequences of international development efforts. In the final episode this year, I sit down with David Dodson, President of MDC, to discuss parallels and shared lessons between U.S. and global development challenges and solutions, particularly with respect to addressing poverty and inequality.
David and I explore the structural issues that lead to inequality, the importance of data-informed decisions in addressing poverty and the ebb and flow of progress within development. We discuss how promoting individual and group agency and localization is crucial to development efforts around the globe.