Title Retooling Development Aid in the 21st Century The Importance of Budget Support

Published Oxford : Oxford University Press, Incorporated, 2023

Click on the following:
ProQuest Ebook Central

Copies

Description 1 online resource (305 p.) Contents Cover -- titlepage -- copyright -- Foreword -- Preface -- Acknowledgements -- Contents -- List of Figures -- List of Tables -- List of Boxes -- Abbreviations and Glossary -- Notes on Authors -- Overview and Summary -- 1 The Purpose and Promise of Budget Support -- Historical Evolution -- Phase 1: Filling the Gaps (1980-1990) -- Phase 2: Getting Prices Right (1990s-early 2000s) -- Phase 3: Governance and Ownership (2000s-2010) -- The Washington Consensus and Structural Reforms -- Aid Effectiveness and the Quality of Aid -- The Millennium Consensus on Aid Effectiveness Scaling up Aid and Reliance on Country Systems -- A New Aid Architecture Emerges -- The Paris Declaration Principles -- The Promise of Budget Support -- Common Design Features -- Conditionality -- Donor Approaches to Budget Support -- Phase 4: Searching for a Narrative (since 2011) -- Conclusion -- 2 Global Finance and the Changing Aid Landscape -- Official Aid and Development Goals -- Setbacks in Financing and Development -- Official Development Assistance in 2020-21 -- Financial Implications of the COVID-19 Pandemic -- The Debt Problem The Role of Multilateral Development Banks in Financing Investments -- Financial Policy Response to the Pandemic -- Increasing Lending by MDBs by Optimizing Their Balance Sheets -- China's Emergence as a Global Lender and Investor -- New SDR Allocations -- The Role of Private Investment in Financing Development -- The Changing Aid Landscape -- Impact Investing -- Private Foundations -- Remittances -- Capital Flows to Developing Countries and Global Economic Conditions -- Debt Finance -- Equity Investments -- Guarantees by Multilateral Development Banks Combining Budget Support and Guarantees: Policy-Based Guarantees -- Coming Financial Turbulence: Budget Support to Rescue? -- Conclusion -- 3 The Evolution of Budget Support -- The Growth of Budget Support in Official Development Assistance -- Budget Support during Times of Crisis -- Pursuing Medium-Term Programmatic Support -- Crowding in Private Finance -- Budget Support in Fragile and Conflict-Affected Settings -- Institutional Capacity of Budget Support Recipients -- The Evolution of Conditionality and General Thematic Focus -- Conclusion -- 4 The Performance of Budget Support Budget Support Performance at the Programme Level -- Budget Support Performance at the Country Level -- Budget Support and Public Sector Governance Reform -- Budget Support and Social Policy Reform -- Budget Support and Economic Policy Reform -- Budget Support and Economic Crises -- Budget Support and Country Context -- Budget Support and the Paris Declaration principles -- Country Ownership -- Financing Predictability -- Use of Country Systems -- Focus on Results -- Donor Harmonization -- Conclusion -- 5 Promise, Disenchantment, and Sobriety: Learning from Experience with Budget Support Summary Global threats such as pandemics, climate change, inequality, low growth, and conflict have made it more difficult to achieve the Sustainable Development Goals. This book examines the role of budget support in effectively responding to new realities developing countries face set against the backdrop of dramatically changing economic architecture Notes Description based upon print version of record Aid Coordination and the Paris Agenda for Aid Effectiveness Subject Economic assistance -- Developing countries -- History -- 21st century Economic development -- Developing countries -- History -- 21st century Economic development -- Developing countries -- Finance Economic development -- Finance Economic development Economic assistance Developing countries Genre/Form History Form Electronic book Author Koeberle, Stefan G Piatti-Fünfkirchen, Moritz Smets, Lodewijk Sundberg, Mark ISBN 0192882295 9780192882295

  Permalink