Knowledge Centre : Economy : Financing for Development (FfD)
Links
- Changing Face of Global Development Finance new
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This Final Report on "The Changing Face of Global Development Finance - Impacts and implications for aid, development, the South and the Bretton Woods Institutions", includes a summary of the presentations and discussions from the Halifax Initiative conference on February 1st and 2nd, 2008 (Halifax Initiative, April 2008).
http://www.halifaxinitiative.org/index.php/past_events/Changing_face_of_GDF
(Added: Mon May 12 2008 Hits: 1)
- Aid, Debt Relief and New Sources of Finance for Meeting the Millennium Development Goals (PDF 129KB)
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by Tony Addison, George Mavrotas and Mark McGillivray. April 2005. World Institute for Development Economics Research (WIDER) Research Paper 2005/09. This report questions the validity of the Millennium Development Goals (MDGs) regarding the impact of official development aid. By examining the literature on aid and growth, it discovers nearly all aid studies since the late 1990s conclude that aid increases economic growth. To a certain extent it is true that we would expect that poverty would be greater in the absence of aid. The paper reviews volumes of and trends in official development assistance since 1960, highlighting flows to sub-Saharan Africa. As the amount of aid decreased in the 1990s, it asserts that poverty is higher and the MDGs are hard to achieve because of this downturn. It also asserts that while aid will be important, other sources of external finance are required to achieve the MDGs.
http://www.wider.unu.edu/publications/rps/rps2005/rp2005-09.pdf
(Added: Wed Jun 29 2005 Modified: Tue Dec 06 2005 Hits: 223)
- A bolder approach to helping the world
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Christian Science Monitor, by Alexandra Marks, December 12, 2003. Deepak Chopra and a disparate group of international notable are beside what is known as the "affinity card", a credit card, but 1 percent of each purchase will be put into a "gift account" and matched by sponsoring retailers, hotels, and airlines. Then cardholders can go onto the alliance website and choose which grass-roots humanitarian organizations to donate to. "It's a very easy way to literally shift 2 to 3 percent of the wealth of affluent people to those in need from around the world," Chopra says.
http://www.csmonitor.com/2003/1212/p13s01-wogi.html
(Added: Fri Jan 09 2004 Modified: Wed Jun 21 2006 Hits: 401)
- ACCION International
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The mission of ACCION International is to give people the tools they need to work their way out of poverty. By providing "micro" loans, financial services and business training to poor women and men who start their own businesses, ACCION's partner microfinance organisations help people work their own way up the economic ladder, with dignity and pride.
(Added: Wed Jun 20 2007 Hits: 126)
- Afghanistan, Inc: A Corpowatch Investigative Report (pdf)
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Fariba Nawa, an Afghan-American who returned to her native country to examine the progress of reconstruction, uncovers some examples of where the money has (and hasn't) gone, how the system of international aid works (and doesn't), and what it is really like in the villages and cities where outsiders are rebuilding the war-torn countryside. (Fairba Nawa, CorpWatch, May 2006)
http://corpwatch.org/downloads/CorpWatch%20Afghan%20report.pdf
(Added: Thu May 04 2006 Modified: Tue Jun 27 2006 Hits: 331)
- Association of European Development Finance Institutions (EDFI)
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EDFI, the Association of European Development Finance Institutions, is a group of fourteen European bilateral development finance institutions which provide long-term finance for private-sector enterprises in developing and reforming economies. Since its foundation in Brussels in 1992, EDFI's mission has been to foster co-operation among its members and to strengthen links with institutions of the European Union.
(Added: Thu Jun 09 2005 Hits: 228)
- ATTAC
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ATTAC is the Association for the Taxation of financial Transactions for the Aid of Citizens and was founded in France in 1998; it now has about 40,000 members. It is an international network of independent (and autonomous) national and local groups in 26 countries. The central reason behind the development of ATTAC is the promotion of the idea of an international tax on currency speculation (the Tobin Tax) and ATTAC also campaigns to outlaw tax havens. Other campaigns include the replacement of pension funds with state pensions, the cancellation of Third World debt, the reform or abolishment of the World Trade Organisation (WTO) and, more generally, the recapturing of the democratic space that has been lost to the financial world. ATTAC is independent from all political parties, and brings together labour unions, associations, MPs, academics and citizens from all walks of life, in self-education and peaceful action.
(Added: Thu May 16 2002 Modified: Tue Dec 06 2005 Hits: 309)
- Bank Information Centre
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The Bank Information Center (BIC) is an independent, non-profit, non-governmental organization that aims to empower citizens in developing countries to influence World Bank and other Multilateral Development Bank (MDB) activities in a manner that fosters social justice and ecological sustainability. BIC advocates for greater citizen participation, transparency, and public accountability.
(Added: Tue Mar 30 2004 Modified: Tue Aug 15 2006 Hits: 372)
- Bibliography on Official Export Credits (Word 56.0KB)
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The following list covers the policy, legal and economic literature on officially supported export credits, credit guarantees, and export insurance. It includes books, journal articles, papers, monographs, and policy notes written over the past 40 years. It is a comprehensive, though not exhaustive, list intended to help those who are doing research on export credit agencies and other aspects of state supported export finance.
http://www.dev-zone.org/downloads/ExportFinanceBiblio.pdf
(Added: Wed Mar 17 2004 Modified: Tue Aug 15 2006 Hits: 386)
- Bibliography - Best Sources on Financing Alternatives, and Tobin Taxes
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Bibliography - Best Sources on Financing Alternatives, and Tobin Taxes
http://www.ceedweb.org/iirp/biblio.htm
(Added: Wed Feb 13 2002 Modified: Tue Dec 06 2005 Hits: 293)
- Blair calls for merger of IMF, World Bank
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British Prime Minister Tony Blair has repeated his call for reform of world bodies such as the United Nations and the World Bank and urged more international support for Iraq in an article published in a French newspaper. (Reuters, Business Day, 29 May 2006)
http://www.businessday.co.za/articles/topstories.aspx?ID=BD4A207357
(Added: Wed May 31 2006 Hits: 279)
- British charity War on Want
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They believes that if it is introduced by Governments around the world it will calm financial markets and generate billions of dollars for international development. $2 trillion dollars a day is exchanged on world financial markets. 95% is speculative. When markets crashed in East Asia in 1998 ten million people were thrown into poverty. A Tobin Tax of 0.25% would make most transactions unprofitable and thus calm markets. It would also generate revenue of $250 billion which could be used to eradicate world poverty.
(Added: Wed Feb 13 2002 Modified: Tue Dec 06 2005 Hits: 293)
- Capital Markets Financing for Developing-Country Infrastructure Projects (PDF)
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By Robert Sheppard, January 2003, United Nations, DESA Discussion Paper No. 28. This paper reviews risk-mitigating structures to improve the ratings of debt securities issued by developing-country infrastructure projects, with an emphasis on electric power projects. It reports on the opinions of several important constituencies which were interviewed as part of this study: fixed-income investors, monoline insurers, investment bankers, rating agencies, bilateral and multilateral agencies, and private political risk insurers. Finally, the paper reviews three new approaches for promoting increased access to the capital markets for infrastructure projects: structures to encourage local capital markets financing, new uses of partial risk guarantees, and expanded use of expropriation coverage.
http://www.un.org/esa/esadp28.pdf
(Added: Mon Mar 31 2003 Modified: Tue Dec 06 2005 Hits: 290)
- Chasing shadows: re-imagining finance for development
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Financing for development concerns more than just money, argues the New Economics Foundation. This paper discusses the human elements of global finance reform in terms of institutional changes, corporate responsibility and ecological debt.
http://www.jubileeresearch.org/analysis/reports/chasingshadows.pdf
(Added: Wed Nov 06 2002 Modified: Tue Dec 06 2005 Hits: 300)
- China and the End of Poverty in Africa - Toward Mutual Benefit?
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The focus of the report is Chinese development assistance policies, i.e. China's role as a donor to Africa. The report explores Chinese views on China's role as an important player in development policies and what responses China has to concerns expressed by external stakeholders about the increased Chinese cooperation with Africa (August 2007).
http://www.diakonia.se/documents/public/NEWS/China_and_the_end_of_poverty_in_Africa_2.pdf
(Added: Fri Sep 28 2007 Hits: 216)
- Creating poverty : the ADB in Asia
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A compilation of articles looking critically at the policies and programmes of the Asian Development Bank (ADB), published by Focus on the Global South. They discuss a range of issues, including the ADB's Private Sector development strategy, its policy on gender and development, a Philippine power scandal and cofinancing operations.
http://www.focusweb.org/publications/Books/adb.pdf
(Added: Mon Aug 01 2005 Modified: Tue Dec 06 2005 Hits: 225)
- Currency Transaction Tax
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Money has become a commodity rather than a means of exchange, trading at a volume of over US$ 1.2 trillion dollars per day. This enormous amount moves around the world without restriction, seeking maximum short-term profit. When currency speculators "bet" against a currency and rapidly withdraw billions from a country, they wreck havoc on its economy and people's lives. Leading economists, including the late James Tobin, Rodney Schmidt, Paul Bernd Spahn and others have proposed that the international trade in currencies be taxed in order to promote international economic stability and help prevent financial crises. A global citizen's movement has emerged in support of the currency transactions tax, or "Tobin" tax as it is often called. The tax is a means to reassert national economic sovereignty, help prevent financial crises and generate billions of dollars for global social development and environmental protection. This website provides a range of information and resources on this issue.
(Added: Fri Jul 09 2004 Modified: Tue Dec 06 2005 Hits: 276)
- DFID and the World Bank
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A report by the UK's International Development Committee has reprimanded the Department for International Development (DFID) for its decision to hand over a fifty per cent increase in funding for the World Bank without sufficient analysis of whether or not this is good value for money. The report also contains sharp analysis of the Bank's failure to use impact assessments; its continued use of conditionality; and the British government's lacklustre efforts to bring democracy to the Bank. (IDC, 5/3/08)
http://www.publications.parliament.uk/pa/cm200708/cmselect/cmintdev/67/67.pdf
(Added: Thu Mar 06 2008 Hits: 92)
- Discussion meetings
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A series of discussion meetings at the Overseas Development Institute to prepare for the UN High-Level International Intergovernmental Event on Financing for Development.
http://www.odi.org.uk/speeches/winter2001_financingfordev/winter2001.html
(Added: Tue Jul 10 2001 Modified: Mon Dec 04 2006 Hits: 238)
- Does Debt Relief Increase Fiscal Space in Zambia?
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This Country Study examines fiscal policy in Zambia, and how expenditure and taxation could be used to accelerate growth and reduce poverty. Since 1990, fiscal policy has been closely linked to debt servicing and constrained by external loan conditionalities. This inversion of social priorities has had a debilitating effect on growth, poverty reduction and combating the HIV/AIDS pandemic. It finds that due to associated policy conditionalities and other factors, HIPC debt relief will result in less fiscal space, rather than more. The Zambian government has little leeway to choose its own fiscal policies, despite donor rhetoric about 'national ownership' of poverty-reduction policies. (UNDP, September 2006)
http://www.undp-povertycentre.org/pub/IPCCountryStudy005.pdf
(Added: Tue Oct 03 2006 Modified: Mon Jul 02 2007 Hits: 179)
- ECOSOC meets with world financial institutions on development projects
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14 April, UN News Service - The United Nations Economic and Social Council (ECOSOC) held a special high-level meeting today with representatives of international financial and trade institutions for the first follow-up review of the agreements reached at last year's global conference on financing development projects.
http://www.un.org/apps/news/story.asp?NewsID=6748&Cr=financing&Cr1=development
(Added: Wed Apr 16 2003 Modified: Tue Dec 06 2005 Hits: 259)
- Fair exchange could help poor countries grow and put a damper on bubble money
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This article from Larry Elliot, the economics editor at the Guardian, discusses current (as of 27/2/06) international plans for increasing funding for development. Elliot discusses a French proposal for a tax on airline tickets and an English proposal for a bond issue but concludes that, while these two proposals are worth pursuing, a tax on currency exchanges (the so-called Tobin Tax) offers the best hope of increasing development funding. Elliot argues that even a small tax would be able to raise large amounts of money and that, thanks to changes to international financial laws since September 11, enforcing compliance with the tax would be relatively easy.
http://business.guardian.co.uk/story/0,,1718607,00.html
(Added: Tue Feb 28 2006 Hits: 209)
- FINANCE AND DEVELOPMENT RESEARCH PROGRAMME WORKING PAPER SERIES
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From the Institute for Development Policy and Management (University of Manchester). Downloadable files covering a range of finance for development issues and topics.
http://idpm.man.ac.uk/idpm/idpm_dp.htm#F_DWP
(Added: Fri Apr 05 2002 Modified: Tue Dec 06 2005 Hits: 341)
- Financing Dams in India: Risks and Challenges [pdf]
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International Rivers Network, 2005. In 2003, the Government of India proposed to double the current electricity generation in the country, proposing 162 new Hydroelectric Projects. The government endowed India's National Hydroelectric Power Corporation (NHPC) with the largest number of projects. This Briefing Paper informs financial institutions about the risks of doing business with NHPC.
http://www.irn.org/pdf/india/FinancingDams2005_text.pdf
(Added: Mon Jul 18 2005 Modified: Thu Feb 08 2007 Hits: 207)
- Financing for Development Indepth Report
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The opportunity that came up in Monterrey can turn into a road to nowhere without an injection of political will (Chioke, 2008).
http://www.choike.org/nuevo_eng/informes/32.html
(Added: Fri Apr 04 2008 Hits: 25)
