Unter veränderten weltpolitischen und weltwirtschaftlichen Konstellationen stellt sich die Frage, ob Entwicklungszusammenarbeit in ihrer jetzigen Form noch zeitgemäß ist. Sind ihre Ziele, Strukturen und Instrumente noch angemessen? Wie muss sie auf neue globale Herausforderungen reagieren,...

Development Finance Institutions (DFIs) are critical in supporting sustainable development. To date, there has been a limited level of analysis focused on their funding models. Key messages from this paper: 1) DFI funding models have material implications, whether they be linked to the...

Two thirds of the Fund?s current projects have a rural finance component; about 21% of the Fund?s resources are dedicated to rural finance.2 Most of IFAD?s target group are small producers engaged in agric ultural and non-agricultural activities in areas of widely varying potential. Direct...

In a report presented at the UN Conference on Financing for Development in March 2002, the World Bank claims that the effectiveness of its financial aid has improved substantially by targeting aid at poor developing countries pursuing sound economic policies. However, the World Bank's success...

This paper examines fungibility as a possible explanation for the missing link between foreign aid and economic growth. The composition of aid plays a crucial role in determining the composition of government spending and, consequently, the magnitude of fungibility and its impact on growth....

The United Nations Addis Ababa Action Agenda (AAAA) on financing development is at a critical juncture. It was off track before the Covid-19 pandemic struck and there is now a very real risk that it will veer even further off course without bold corrective action. Covid-19 has served to...