1. International Capital Flows: Public and Private. Major multinational organizations attempt to track the relative movements and magnitudes of global capital investment. Using the following Web pages and others you may find, prepare a two-page execu- tive briefing on the question of whether capital gen- erated in the industrialized countries is finding its way to the less developed and emerging markets. Is there some critical distinction between "less devel- oped" and "emerging?" The World Bank The International Monetary Fund OECD European Bank for Reconstruction www.worldbank.org/ www.imf.org/ www.oecd.org/ www.ebrd.org/