الصناديق العربية الانمائية ودورها في التنمية الاقتصادية

Abstract

1 I i ~ I l- I Abstract The mam theme of this study is to highlight the role of the Arab Development Funds - which are multi-purpose institutions - and to show how private and public aid is channeled by various Arab financial institutions in collaboration with regional and international financial organizations. The Arab Development Funds are in advancing aid, and charge, low fees, and most of it's aid is dineded to fmance infrastructure projects. Unlike international aid institutions and Western donor countries - The Arab Flmds aid is direct and not conditional. The Arab Funds are similar m the establishment, objectives and in the polices and are influenced to some extend by the regulations of the World Bank and the IMF. The Arab Funds depend on their own resources and they are considered today as very important funding institutions world wide due to the flow of its funds and to their flexibility. Their activities in development played a great role in Fostering the joint Arab movement and Arab eco. co-operation. The Arab Funds Foster Joint Arab Co-operation in tenn of development studies and in advancing aid to developing countries world-wide. As regards the share of the Arab exchange markets it is rather small in development funding because it sill in an infant stage compared to the western exchange market. The Arab Banks have a good share in financing econ-development and by raising their share in various development means and by developing its banking activities through liberalization of interest rates and raising its capital and by merging of small banks in line with the recommendations of (Basel Committee). The Arab Monetary Fund adopted various measures to alleviate the economic difficulties facing most Arab Countries by advancing aids grants great and by developing trade exchange between Arab countries.