Finance for Development : Trends and Opportunities in a Changing Landscape

Over the past couple of decades, global financing for development has changed dramatically. The biggest shifts have been the rapid increase of net private financing flows to developing countries, in particular to middle-income countries (MICs); the...

Full description

Bibliographic Details
Main Authors: Adugna, Abebe, Castro, Rocio, Gammara, Boris, Migliorisi, Stefano
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
AID
GDP
IDS
TAX
Online Access:http://documents.worldbank.org/curated/en/321031468337241191/Finance-for-development-trends-and-opportunities-in-a-changing-landscape
http://hdl.handle.net/10986/26894
id okr-10986-26894
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ABSORPTIVE CAPACITY
ADMINISTRATIVE BURDEN
ADMINISTRATIVE COSTS
ADVANCED ECONOMIES
ADVERSE IMPACT
AGRICULTURE
AID
AID AGENCIES
AID ALLOCATION
AID EFFECTIVENESS
AID FLOWS
ALLOCATION OF FUNDS
ALTERNATIVE FUNDING
ALTERNATIVE SOURCES OF FUNDING
BALANCE OF PAYMENTS
BANK POLICY
BASE YEAR
BENEFICIARY
BILATERAL AID
BILATERAL TRADE
BORROWING
BUREAUCRATIC QUALITY
BUY-BACKS
CAPACITY BUILDING
CAPITAL FLOWS
CAPITAL INFLOWS
CARTEL
CONVERSIONS
COOP
CREDITOR
CURRENT ACCOUNT
CURRENT ACCOUNT DEFICIT
DEBT
DEBT BURDEN
DEBT FINANCING
DEBT FLOWS
DEBT FORGIVENESS
DEBT RELIEF
DEBT SERVICE
DEBT SERVICE PAYMENTS
DEBTOR
DEBTOR REPORTING SYSTEM
DEPENDENT
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPMENT AGENCIES
DEVELOPMENT AID
DEVELOPMENT ASSISTANCE
DEVELOPMENT BANK
DEVELOPMENT COOPERATION
DEVELOPMENT FINANCE
DEVELOPMENT GOALS
DEVELOPMENT ISSUES
DEVELOPMENT OBJECTIVES
DEVELOPMENT PARTNERS
DEVELOPMENT POLICY
DEVELOPMENT PROGRAMS
DEVELOPMENT STRATEGY
DISBURSEMENT
DOMESTIC RESOURCES
ECONOMIC ACTIVITY
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC OUTLOOK
ECONOMIC POWER
ECONOMIC RESEARCH
EMERGING ECONOMIES
EMERGING MARKETS
EQUALITY
EQUITY FLOWS
EXPENDITURES
EXTERNAL FINANCING
FACE VALUE
FINANCE CORPORATION
FINANCIAL CRISIS
FINANCIAL FLOWS
FINANCIAL INTERMEDIARY
FINANCIAL MANAGEMENT
FINANCIAL MANAGEMENT SYSTEMS
FINANCIAL RESOURCES
FINANCIAL STATEMENTS
FISCAL DISCIPLINE
FOOD AID
FOREIGN DIRECT INVESTMENT
FORGIVENESS
FREE LOANS
FUNDING SOURCES
GAPS
GDP
GLOBAL DEVELOPMENT FINANCE
GOVERNANCE STRUCTURES
GOVERNMENT BUDGETS
GOVERNMENT BUREAUCRACIES
GROWTH RATE
HUMAN RESOURCES
HUMANITARIAN AID
HUMANITARIAN ASSISTANCE
IDS
IMMUNIZATION
INCOME
INCOME GROUP
INCOME LEVEL
INDEBTED
INDEBTED POOR COUNTRY
INDIRECT COSTS
INEFFICIENCY
INFRASTRUCTURE DEVELOPMENT
INFRASTRUCTURE FINANCING
INSTITUTIONAL ARRANGEMENTS
INSTITUTIONAL CAPACITIES
INSTRUMENT
INTEREST SUBSIDY
INTERNATIONAL AID
INTERNATIONAL BANK
INTERNATIONAL DEVELOPMENT
INTERNATIONAL FINANCE
INTERNATIONAL SETTLEMENTS
INVESTMENT ACTIVITIES
INVESTMENT FUND
INVESTMENT PORTFOLIO
INVESTMENT PROJECTS
LINES OF CREDIT
LOAN
LOAN COMMITMENTS
LOCAL GOVERNMENTS
LONG-TERM DEBT
LONG-TERM OBLIGATIONS
MANDATES
MARKET SHARE
MASSIVE DEBT
MIDDLE INCOME COUNTRIES
MONETARY FUND
NATIONAL INCOME
NATURAL DISASTERS
NEGOTIATIONS
PLEDGES
PORTFOLIO EQUITY
PORTFOLIO INVESTMENT
PRIORITIES
PRIVATE DEBT
PRIVATE DONORS
PRIVATE FINANCING
PRIVATE SAVINGS
PROCUREMENT
PUBLIC ADMINISTRATION
PUBLIC DEBT
PUBLIC INVESTMENTS
PUBLIC POLICY
PUBLIC SAVINGS
RECIPIENT COUNTRY
REMITTANCES
REPAYMENTS
RESERVE
SHARE OF DEBT
SHAREHOLDER
SOURCE OF FUNDS
SUSTAINABILITY
SWAPS
TARGETING
TAX
TAX DEDUCTIONS
TECHNICAL ASSISTANCE
TRADING
TRANSACTION
TRANSACTION COSTS
TRANSPARENCY
TRUST FUNDS
TRUSTEE
UNION
UNITED NATIONS DEVELOPMENT PROGRAMME
spellingShingle ABSORPTIVE CAPACITY
ADMINISTRATIVE BURDEN
ADMINISTRATIVE COSTS
ADVANCED ECONOMIES
ADVERSE IMPACT
AGRICULTURE
AID
AID AGENCIES
AID ALLOCATION
AID EFFECTIVENESS
AID FLOWS
ALLOCATION OF FUNDS
ALTERNATIVE FUNDING
ALTERNATIVE SOURCES OF FUNDING
BALANCE OF PAYMENTS
BANK POLICY
BASE YEAR
BENEFICIARY
BILATERAL AID
BILATERAL TRADE
BORROWING
BUREAUCRATIC QUALITY
BUY-BACKS
CAPACITY BUILDING
CAPITAL FLOWS
CAPITAL INFLOWS
CARTEL
CONVERSIONS
COOP
CREDITOR
CURRENT ACCOUNT
CURRENT ACCOUNT DEFICIT
DEBT
DEBT BURDEN
DEBT FINANCING
DEBT FLOWS
DEBT FORGIVENESS
DEBT RELIEF
DEBT SERVICE
DEBT SERVICE PAYMENTS
DEBTOR
DEBTOR REPORTING SYSTEM
DEPENDENT
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPMENT AGENCIES
DEVELOPMENT AID
DEVELOPMENT ASSISTANCE
DEVELOPMENT BANK
DEVELOPMENT COOPERATION
DEVELOPMENT FINANCE
DEVELOPMENT GOALS
DEVELOPMENT ISSUES
DEVELOPMENT OBJECTIVES
DEVELOPMENT PARTNERS
DEVELOPMENT POLICY
DEVELOPMENT PROGRAMS
DEVELOPMENT STRATEGY
DISBURSEMENT
DOMESTIC RESOURCES
ECONOMIC ACTIVITY
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC OUTLOOK
ECONOMIC POWER
ECONOMIC RESEARCH
EMERGING ECONOMIES
EMERGING MARKETS
EQUALITY
EQUITY FLOWS
EXPENDITURES
EXTERNAL FINANCING
FACE VALUE
FINANCE CORPORATION
FINANCIAL CRISIS
FINANCIAL FLOWS
FINANCIAL INTERMEDIARY
FINANCIAL MANAGEMENT
FINANCIAL MANAGEMENT SYSTEMS
FINANCIAL RESOURCES
FINANCIAL STATEMENTS
FISCAL DISCIPLINE
FOOD AID
FOREIGN DIRECT INVESTMENT
FORGIVENESS
FREE LOANS
FUNDING SOURCES
GAPS
GDP
GLOBAL DEVELOPMENT FINANCE
GOVERNANCE STRUCTURES
GOVERNMENT BUDGETS
GOVERNMENT BUREAUCRACIES
GROWTH RATE
HUMAN RESOURCES
HUMANITARIAN AID
HUMANITARIAN ASSISTANCE
IDS
IMMUNIZATION
INCOME
INCOME GROUP
INCOME LEVEL
INDEBTED
INDEBTED POOR COUNTRY
INDIRECT COSTS
INEFFICIENCY
INFRASTRUCTURE DEVELOPMENT
INFRASTRUCTURE FINANCING
INSTITUTIONAL ARRANGEMENTS
INSTITUTIONAL CAPACITIES
INSTRUMENT
INTEREST SUBSIDY
INTERNATIONAL AID
INTERNATIONAL BANK
INTERNATIONAL DEVELOPMENT
INTERNATIONAL FINANCE
INTERNATIONAL SETTLEMENTS
INVESTMENT ACTIVITIES
INVESTMENT FUND
INVESTMENT PORTFOLIO
INVESTMENT PROJECTS
LINES OF CREDIT
LOAN
LOAN COMMITMENTS
LOCAL GOVERNMENTS
LONG-TERM DEBT
LONG-TERM OBLIGATIONS
MANDATES
MARKET SHARE
MASSIVE DEBT
MIDDLE INCOME COUNTRIES
MONETARY FUND
NATIONAL INCOME
NATURAL DISASTERS
NEGOTIATIONS
PLEDGES
PORTFOLIO EQUITY
PORTFOLIO INVESTMENT
PRIORITIES
PRIVATE DEBT
PRIVATE DONORS
PRIVATE FINANCING
PRIVATE SAVINGS
PROCUREMENT
PUBLIC ADMINISTRATION
PUBLIC DEBT
PUBLIC INVESTMENTS
PUBLIC POLICY
PUBLIC SAVINGS
RECIPIENT COUNTRY
REMITTANCES
REPAYMENTS
RESERVE
SHARE OF DEBT
SHAREHOLDER
SOURCE OF FUNDS
SUSTAINABILITY
SWAPS
TARGETING
TAX
TAX DEDUCTIONS
TECHNICAL ASSISTANCE
TRADING
TRANSACTION
TRANSACTION COSTS
TRANSPARENCY
TRUST FUNDS
TRUSTEE
UNION
UNITED NATIONS DEVELOPMENT PROGRAMME
Adugna, Abebe
Castro, Rocio
Gammara, Boris
Migliorisi, Stefano
Finance for Development : Trends and Opportunities in a Changing Landscape
relation CFP Working Paper;No. 8
description Over the past couple of decades, global financing for development has changed dramatically. The biggest shifts have been the rapid increase of net private financing flows to developing countries, in particular to middle-income countries (MICs); the sustained growth of official development assistance (ODA) from Development Assistance Committee (DAC) members, even excluding debt relief; the emergence of MICs as growth poles and sources of ODA with different approaches to aid delivery than those of DAC donors; and the expanded role of private aid. In addition, past trends of proliferation, fragmentation and earmarking of aid have continued. This paper reviews broad trends in global financing for development, with a focus on ODA and the growing importance of new development partners such as the so-called BRICS. In this context, it discusses the implications of this changing landscape for aid effectiveness and the role of ODA going forward.
format Working Paper
author Adugna, Abebe
Castro, Rocio
Gammara, Boris
Migliorisi, Stefano
author_facet Adugna, Abebe
Castro, Rocio
Gammara, Boris
Migliorisi, Stefano
author_sort Adugna, Abebe
title Finance for Development : Trends and Opportunities in a Changing Landscape
title_short Finance for Development : Trends and Opportunities in a Changing Landscape
title_full Finance for Development : Trends and Opportunities in a Changing Landscape
title_fullStr Finance for Development : Trends and Opportunities in a Changing Landscape
title_full_unstemmed Finance for Development : Trends and Opportunities in a Changing Landscape
title_sort finance for development : trends and opportunities in a changing landscape
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/321031468337241191/Finance-for-development-trends-and-opportunities-in-a-changing-landscape
http://hdl.handle.net/10986/26894
_version_ 1764461434898481152
spelling okr-10986-268942021-04-23T14:04:34Z Finance for Development : Trends and Opportunities in a Changing Landscape Adugna, Abebe Castro, Rocio Gammara, Boris Migliorisi, Stefano ABSORPTIVE CAPACITY ADMINISTRATIVE BURDEN ADMINISTRATIVE COSTS ADVANCED ECONOMIES ADVERSE IMPACT AGRICULTURE AID AID AGENCIES AID ALLOCATION AID EFFECTIVENESS AID FLOWS ALLOCATION OF FUNDS ALTERNATIVE FUNDING ALTERNATIVE SOURCES OF FUNDING BALANCE OF PAYMENTS BANK POLICY BASE YEAR BENEFICIARY BILATERAL AID BILATERAL TRADE BORROWING BUREAUCRATIC QUALITY BUY-BACKS CAPACITY BUILDING CAPITAL FLOWS CAPITAL INFLOWS CARTEL CONVERSIONS COOP CREDITOR CURRENT ACCOUNT CURRENT ACCOUNT DEFICIT DEBT DEBT BURDEN DEBT FINANCING DEBT FLOWS DEBT FORGIVENESS DEBT RELIEF DEBT SERVICE DEBT SERVICE PAYMENTS DEBTOR DEBTOR REPORTING SYSTEM DEPENDENT DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPMENT AGENCIES DEVELOPMENT AID DEVELOPMENT ASSISTANCE DEVELOPMENT BANK DEVELOPMENT COOPERATION DEVELOPMENT FINANCE DEVELOPMENT GOALS DEVELOPMENT ISSUES DEVELOPMENT OBJECTIVES DEVELOPMENT PARTNERS DEVELOPMENT POLICY DEVELOPMENT PROGRAMS DEVELOPMENT STRATEGY DISBURSEMENT DOMESTIC RESOURCES ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC OUTLOOK ECONOMIC POWER ECONOMIC RESEARCH EMERGING ECONOMIES EMERGING MARKETS EQUALITY EQUITY FLOWS EXPENDITURES EXTERNAL FINANCING FACE VALUE FINANCE CORPORATION FINANCIAL CRISIS FINANCIAL FLOWS FINANCIAL INTERMEDIARY FINANCIAL MANAGEMENT FINANCIAL MANAGEMENT SYSTEMS FINANCIAL RESOURCES FINANCIAL STATEMENTS FISCAL DISCIPLINE FOOD AID FOREIGN DIRECT INVESTMENT FORGIVENESS FREE LOANS FUNDING SOURCES GAPS GDP GLOBAL DEVELOPMENT FINANCE GOVERNANCE STRUCTURES GOVERNMENT BUDGETS GOVERNMENT BUREAUCRACIES GROWTH RATE HUMAN RESOURCES HUMANITARIAN AID HUMANITARIAN ASSISTANCE IDS IMMUNIZATION INCOME INCOME GROUP INCOME LEVEL INDEBTED INDEBTED POOR COUNTRY INDIRECT COSTS INEFFICIENCY INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE FINANCING INSTITUTIONAL ARRANGEMENTS INSTITUTIONAL CAPACITIES INSTRUMENT INTEREST SUBSIDY INTERNATIONAL AID INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL SETTLEMENTS INVESTMENT ACTIVITIES INVESTMENT FUND INVESTMENT PORTFOLIO INVESTMENT PROJECTS LINES OF CREDIT LOAN LOAN COMMITMENTS LOCAL GOVERNMENTS LONG-TERM DEBT LONG-TERM OBLIGATIONS MANDATES MARKET SHARE MASSIVE DEBT MIDDLE INCOME COUNTRIES MONETARY FUND NATIONAL INCOME NATURAL DISASTERS NEGOTIATIONS PLEDGES PORTFOLIO EQUITY PORTFOLIO INVESTMENT PRIORITIES PRIVATE DEBT PRIVATE DONORS PRIVATE FINANCING PRIVATE SAVINGS PROCUREMENT PUBLIC ADMINISTRATION PUBLIC DEBT PUBLIC INVESTMENTS PUBLIC POLICY PUBLIC SAVINGS RECIPIENT COUNTRY REMITTANCES REPAYMENTS RESERVE SHARE OF DEBT SHAREHOLDER SOURCE OF FUNDS SUSTAINABILITY SWAPS TARGETING TAX TAX DEDUCTIONS TECHNICAL ASSISTANCE TRADING TRANSACTION TRANSACTION COSTS TRANSPARENCY TRUST FUNDS TRUSTEE UNION UNITED NATIONS DEVELOPMENT PROGRAMME Over the past couple of decades, global financing for development has changed dramatically. The biggest shifts have been the rapid increase of net private financing flows to developing countries, in particular to middle-income countries (MICs); the sustained growth of official development assistance (ODA) from Development Assistance Committee (DAC) members, even excluding debt relief; the emergence of MICs as growth poles and sources of ODA with different approaches to aid delivery than those of DAC donors; and the expanded role of private aid. In addition, past trends of proliferation, fragmentation and earmarking of aid have continued. This paper reviews broad trends in global financing for development, with a focus on ODA and the growing importance of new development partners such as the so-called BRICS. In this context, it discusses the implications of this changing landscape for aid effectiveness and the role of ODA going forward. 2017-06-05T17:59:00Z 2017-06-05T17:59:00Z 2011-11 Working Paper http://documents.worldbank.org/curated/en/321031468337241191/Finance-for-development-trends-and-opportunities-in-a-changing-landscape http://hdl.handle.net/10986/26894 English en_US CFP Working Paper;No. 8 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper