Sub-Saharan Africa and international equity - Policy approaches to enhancing its role in economic development

According to this Working Paper, international private equity has been the fast growing capital flow to the sub-Saharan Africa with a five-fold growth and a total of more than $50 billion of inflows since 2008. It now comprises approximately $12 billion annually and 20% of cross-border capital flows. It offers an unprecedented opportunity to accelerate economic development. However, new policy is needed to capture their benefits. This Working Paper presents policy approaches for development finance institutions, national governments and bi-lateral agencies to manage the risks of financial instability in global emerging markets