A、A vigorous private sector. B、A legal framework. C、A flexible labor market and prompt service of debt. D、All above. D

Major world lending agencies said in Washington last Friday that the flow of private capital is crucial for developing countries’ economic growth. The World Bank and the Inter national Monetary Fund said that foreign investment is concentrated in a dozen countries but that they will help to increase number.
   The statement was contained in a communique issued by the development committee of the World Bank and IMF, which ended their spring meeting on Friday. The top countries receiving foreign investment in 1991 are Mexico, China, Brazil, Malaysia, South Korea, Venezucla and Turkey.
   The communique said that host countries’ proper investment in environment should include a vigorous private sector, a legal framework, a flexible labor market and prompt service of debt.
   The development committee also expressed concern for the delays and "risk of breakdown" in the Uruguay round of multinational trade negotiations.