Global development finance 2010: external debt of Developing Countries
The Global Development Finance 2010: External Debt of Developing Countries provides comprehensive data from 128 developing countries showing the impact of the financial crisis on their access to international capital flows. Some trends and developments from the report are that official creditors stepped in to offset the decline in private capital flows, increasing their support to low- and middle-income countries. It further shows that the net inflow of medium- and long-term financing from official creditors, including grants, rose by 54 percent in 2008 to $114 billion, saying almost 75 percent of these funds took the form of grants. The report also shows that Foreign Direct Investment (FDI) rose moderately in 2008 to $594 billion.