The book addresses senior policy makers interested in understanding and debating key issues currently faced by the better performing emerging markets throughout the world. Papers in the volume address international capital flows, financial markets, globalization, and private participation in infrastructure development.

The papers included in this book were among those discussed at the Emerging Markets Forum meeting in Jakarta, Indonesia in September 2007. The underlying premise of the book is that growth and development in emerging market economies is now heavily dependent on: international private capital flows; development of financial markets; the countries ability to integrate successfully with the global economy through trade and investment; and their ability to forge public private partnership, including, in infrastructure development. A particular emphasis is on contrasting and comparing experiences in Asia and Latin America.

Introduction and Overview
Introduction and overview
HarinderS.Kohli

The papers selected for inclusion in this book were among those discussed at the Emerging Markets Forum meeting in Jakarta, Indonesia, in September 2006. The underlying premise of the meeting was that growth and development in Emerging Market Economies (EMEs) are now heavily dependent on: (a) international private capital flows; (b) development of financial markets; (c) the countries’ ability to integrate successfully with the global economy through trade and investment; and (d) their ability to forge public–private partnerships (PPPs), including in infrastructure development. A particular emphasis was on contrasting and comparing experiences in Asia and Latin America. The papers included in the book cover these closely related areas.

The papers are self-contained and stand on their own. The purpose of this ...

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