IFC and Its Role in Globalization : Highlights from IFC's Participants Meeting, Washington, D.C., June 6-7, 2001

Abstract

Globalization represents an opportunity to add local value to emerging markets. That opportunity is the underlying theme of this volume, which brings together in edited form the papers and comments presented on globalization at the International Finance Corporation (IFC) Annual Participants Meeting held in Washington D.C. on June 6-7, 2001. IFC sees itself at the very center of the globalization process. No other financial institution stands at the dividing line between the entire developed world and the entire developing world, between the public sector and the private sector, between economic, financial, and environmental realities on the one hand, and government policy objectives on the other. Because of its status, because it must deal with the issues surrounding globalization every day, and because it always operates through partnerships with other financial institutions, IFC is in a unique position to take the lead in grasping this opportunity.