Supporting Effective Aid
A Framework for Future Concessional Funding of Multilateral Development Banks
Johns Hopkins University Press
Published on 16. April 1999
Book
Paperback/Softback
120 pages
978-1-56517-028-5 (ISBN)
Description
Powerful global trends demand a wholesale rethinking of the system of international development assistance. A key issue is the future of concessional aid provided by multilateral development banks. What should be the future role of MDB concessional aid? And what is needed to maintain donor countries' support? In a rapidly changing global environment, there is still a strong case for maintaining MDB concessional aid. However, that case only holds provided a new approach is taken which adapts the roles of MDB aid to development lessons of the recent past and changing global conditions. This study argues that without these conditions, continued donor country support cannot and should not be expected. The study lays out a new "framework" for future decision-making of MDB funding, based on: a new performance-based approach to aid allocations among countries; an expansion of MDB investments in regional and global problem solving; the resolution of specific operational issues that stand in the way of greater effectiveness in delivery of aid; and changes in the burden-sharing and governance arrangements of individual MDBs.
More details
Language
English
Place of publication
Baltimore, MD
United States
Target group
College/higher education
Professional and scholarly
Product notice
Paperback (trade)
Illustrations
Not illustrated
Dimensions
Height: 229 mm
Width: 152 mm
Weight
204 gr
ISBN-13
978-1-56517-028-5 (9781565170285)
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Schweitzer Classification
Persons
Stephen D. Eccles is former vice-president and controller of the World Bank. Catherine Gwin is senior vice president of the Overseas Development Council.