Financing Development Aid And Beyond

Aid alone cannot finance development; bringing in fresh sources of finance is essential. This book assesses the changing landscape of international development finance from a global and and developing country perspective and provides recommendations on innovative policy mechanisms.

As aid alone cannot finance development the emergence of new financing options is good news, but it also raises challenges. This book assess the changing landscape of international development finance from a global and a developing-country perspective. It looks at thepolicy implications for donor and recipient alike and provides recommendations on policy mechanisms for the use of both grants and loans in development finance, and on the challenges of managing diverse financial flows at country-level.

In September 2015, world leaders adopted a new post-2015 development agenda, centered on 17 Sustainable Development Goals intended to transform the world. This report provides basic information about the new agenda—its content, aspirations, and global partnership approach. It describes the complex challenges to the agenda’s effective implementation, including the multiplicity of participants, the growing diversity of financing, the need for better knowledge, and the persistence of state fragility. Throughout, the emphasis is on the importance of new thinking and new behavior that will shift the conversation from a focus on aid to a more comprehensive paradigm of development partnerships, recognizing the crucial need to integrate sustainable development in coherent efforts to preserve our planet and enhance the well-being of all its inhabitants. The author concludes the report with suggestions about priorities for implementation of the 2030 Agenda for Sustainable Development.

First published in 1999, Browne creates a comprehensive assessment of post war development assistance in developing countries. Browne suggests that a better managed global environment, developing counties could further advance themselves and thus minimising then diminishing their need for aid resources.

Developing countries have for decades been trying to catch up with the industrialized high-income countries, but only a few have succeeded. Historically, structural transformation has been a powerful engine of growth and job creation. Traditional development aid is inadequate to address the bottlenecks for structural transformation, and is hence ineffective. In this book, Justin Yifu Lin and Yan Wang use the theoretical foundations of New Structural Economics to examine South-South development aid and cooperation from the angle of structural transformation. By studying the successful economic transformation of countries such as China and South Korea through 'multiple win' solutions based on comparative advantages and economy of scale, and by presenting new ideas and different perspectives from emerging market economies such as Brazil, India and other BRICS countries, they bring a new narrative to broaden the ongoing discussions of post-2015 development aid and cooperation as well as the definitions of aid and cooperation.