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| Additional Physical Format: | Online version: Development finance in the global economy. Basingstoke [England] ; New York : Palgrave Macmillan, 2008 (OCoLC)647604673 |
|---|---|
| Material Type: | Internet resource |
| Document Type: | Book, Internet Resource |
| All Authors / Contributors: |
Tony Addison; George Mavrotas; World Institute for Development Economics Research. |
| ISBN: | 9780230202481 0230202489 |
| OCLC Number: | 192027186 |
| Notes: | "In association with the World Institute for Development Economics Research of the United Nations University (UNU-WIDER)." |
| Description: | xix, 294 p. : ill. ; 23 cm. |
| Contents: | Development finance in the global economy : the road ahead / Tony Addison and George Mavrotas -- Foreign aid resurgent : new spirit or old hangover? / Peter Burnell -- Multilateral development assistance : good, bad or just plain ugly? / Mark McGillivray, Simon Feeny and Howard White -- Political economy of additional development finance / Anthony Clunies-Ross and John Langmore -- Financing global and regional public goods through ODA : analysis and evidence from the OECD creditor reporting system / Helmut Reisen, Marcelo Soto and Thomas Weithöner -- Multi-actor global funds : new tools to address urgent global problems / Jeremy Heimans -- The transition from official aid to private capital flows : implications for a developing country / Renu Kohli -- The millennium challenge account : transforming US foreign assistance policy? / Steven Radelet -- Debt relief : the development and poverty impact / Tony Addison -- Remittances and financial inclusion in development / Helen S. Toxopeus and Robert Lensink. |
| Series Title: | Studies in development economics and policy. |
| Responsibility: | edited by Tony Addison and George Mavrotas. |
| More information: |
Reviews
Publisher Synopsis
The publication of this book on development finance is most timely, and should contribute to the major international conferences in 2008 considering financing for development issues. It significantly advances new thinking, especially on aid and new sources of development finance. --Jomo Kwame Sundaram, UN Assistant Secretary General for Economic Development Since the UN Monterrey conference in March 2002, the international structure of financing for development has changed profoundly. This volume, which extends UNU-WIDER's work in this field, provides a timely update and analysis of the developments in key areas of development financing -- foreign direct investment, debt, financing from the Bretton Woods institutions, official development assistance, and the so-called innovative sources of international financing. --Manuel F. Montes, Chief, Policy Analysis and Development, Financing for Development Office, UNDESA Comprising outstanding contributions by well-known economists, this book takes the debate on development finance a step further: the focus is on emerging issues in aid delivery and effectiveness -- multilateral aid vis-a-vis bilateral aid, the contribution of aid in the provision of international public goods, the role of Multi-actor Global Funds, and the impact of recently introduced Millennium Challenge Account by the USA. The book does an excellent job of presenting a balanced and appropriately nuanced assessment of these issues and complements other volumes on new sources development finance. --Sanjeev Gupta, Senior Advisor, Fiscal Affairs Department, IMF An excellent account of the current state of affairs in development finance. --Yilmaz Akyuz, Former Director, Division on Globalization and Development Strategies, UNCTAD This interesting, balanced and well-argued new book is a timely reminder of the risks and challenges of current financial arrangements. Abundant liquidity, cheap credit and high commodity prices may not last forever. The current reality of a high concentration of private financing in a handful of emerging economies and the often cumbersome process of foreign aid to low-income nations is far from optimal. The book reviews alternatives, discusses new financial schemes to support development and warns against unwarranted financial optimism. Highly recommended. --Andres Solimano, Regional Advisor, UN-ECLAC, and editor of The International Mobility of Talent Read more...
