Toward a Better World describes the life, times and perspectives of Gerry Helleiner, a Canadian activist and university-based economist, who worked for roughly 40 years with developing countries and international organizations. In his memoir, Toward a Better World, Helleiner, recounts the profound early experiences in Africa that propelled him into a rewarding career devoted to research, advice and teaching in international economics, economic development and global poverty reduction. Describing himself as privileged, Toward a Better World recounts his early life as a young academic, having first landed in Africa in the 1960s for the purpose of research for Yale University. Detailing both successes and setbacks, frustrations and hopes, Helleiner, conveys his often difficult, yet transformative, experiences in Nigeria and Tanzania, missions in Uganda and South Africa, and witnesses the wavering efforts being made towards poverty alleviation in international organisations . Providing lively behind-the-scene accounts of multilateral economic meetings in the 1970s through the 1990s, Helleiner addresses his engagement with economic policymakers, his views often challenging common practice. In Toward a Better World, Helleiner speaks to his early motivation as a young man in Africa, and his lifework as a practicing economist determined to make a positive effort in addressing global poverty.
In his memoir, Towards a Better World, Helleiner recounts his profound trip to Africa, a trip that propelled him into a career devoted to the research, advice and teaching of economic development and the reduction of global poverty.
This paper considers the new forms and roles of private capital flows to developing countries in the 1990s and appropriate national and international policy responses to the problems and possibilities they create. Section 2 describes the growth of these flows in the 1990s, their role in development and some of their effects in recipient countries. Section 3 considers alternate capital account policies for developing countries. In section 4 the possibility of improved international arrangements is considered. Section 5 contains recommendations from the previous analysis.
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