ABSTRACT
This conclusion presents some of the closing thoughts on the concepts discussed in the preceding chapters of this book. The book presents evidence about the workings of global finance in terms of the drivers of capital flows, the consequences of these flows and attendant financial and political structures for development outcomes, in a chapter-by-chapter comparative treatment of the main sources of development finance. It introduces key concepts and the major debates related to global finance and development; to place them in their intellectual and political context in terms of a spectrum of positions from neoliberal, liberal institutionalist, critical reformist to radical; and to present the empirical evidence which proponents of the different positions draw upon to back their arguments. Political economy, as the interaction of power and wealth, or the production and distribution of resources and the contestation and deliberation over collective values and goals, implies both the empirical and positive analysis of what is, and the normative analysis.
