And instead of an outflow, you are now getting a net inflow.

(c) Overall financial flows have expanded by 184 percent in the 1990s, particularly from the private sector, while official financial flows have decreased by 27 percent.

13. Resource flows are analysed in this section under two main concepts aggregate net resource flows and net resource transfers.6

Investment and private flows

Aggregate net resource flows

Working capital shall be provided from the cash resources of the Fund account.

Promoting investment and private flows

C. General Investment trends and financial flows

Cash flows from investing and financing activities

G. Liquidity available cash versus liabilities

Trade, investment and private flows

Policy makers were reminded that they need to be concerned not only with the overall size of financial transfers but also with the composition of flows since some flows are more likely to be sustained than others.

8. The liberalization of cross border flows had led to the internationalization of investments by institutional funds.

We therefore need to work harder to block the money when it moves and to identify and freeze it when it is in the banking system.

There must be a flow of financing for development.

Payment for debt servicing represents a negative flow of resources.

Overall level of financial flows

27. There are three main categories of private resource flow loans, foreign direct investment (FDI), and portfolio equity investment.

There was the view that, in capital markets, long term flows should be liberalized before short term ones.

Fostering an enabling environment for development financial flows, including capital flows investment trade

However, these flows tend to be more volatile than official flows and pro cyclical.

For example, increases in domestic interest rates may be called upon to stem an unwanted financial outflow.

Sometimes they can be triggered by unrelated developments elsewhere.

Why Capital Flows Uphill

III. Trends in resource flows

B. Private flows

Management of international private financial flows

Private capital flows have come to play the dominant role in development finance, eclipsing both official bilateral and multilateral flows.

There is also the questions of freedom for movement of capital and the freedom for movement of persons.

It was further noted that the expected cash flow generated by investments would be more than sufficient to meet the excess of benefit payments over contributions.

I shouldn't have gambled the organization's money.

However, methods of moving funds are dynamic and on some occasions these illegal funds are being operated under the umbrella of legal businesses or financial networks.

Projected movement of operational reserve and fund

Sub theme 2 Trade, investment and private flows

Flows to Central Asia and West Asia went up as a result of higher oil investment, while flows to the Pacific subregion increased marginally.

Flows to Chile doubled.

6 Defined as net resource flows minus the interest payments on long term debt and profit remittances on account of FDI.

Foreign financial flows, in the view of many participants, could also make a significant contribution to development.

19. Financial outflows from a country may reflect a loss of confidence in the local economy.

Mobilization of additional resources for African development a study on overall resource flows to Africa

20. Within the context of increased financial flows to developing countries and the continuing surge in foreign direct investment, equity and bonds, he noted with optimism the rapid turnaround in private sector financial flows to Mexico and Argentina after the crisis of 1995 and the modest private sector flows to Africa.

The work on remittances of emigrants points to the advantage of a multilateral approach to actions that could reduce the cost and facilitate the transfer of such flows.

14. The massive change in the net transfer of financial resources in 1997 mainly took the form of an unprecedented swing of short term borrowing and net domestic outflows in Asia (see table 6).6 While other forms of private transfer did not exhibit large movements, net short term transfers went from an inflow of 10 billion in 1996 to an estimated outflow of 92 billion in 1997, a swing of more than 100 billion.

He surveyed funding flows outside the Convention, noting the increasing role of the private sector in mobilizing funding.

All the above items, contributions income, expenditure and liquidity, are summarized in annex III, table 4, with a breakdown of regular resources in table 5 and other resources in table 6.