Financing for Development Post-2015
This paper is a contribution to United Nation (UN)-led efforts to articulate a post-2015 development framework, building on the Millennium Declaration and Millennium Development Goals (MDGs). It focuses on the challenge of financing development goals and complements the extensive work conducted by t...
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Format: | Working Paper |
Language: | en_US |
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Washington, DC
2013
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Online Access: | http://hdl.handle.net/10986/16310 |
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oai_dc |
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Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
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World Bank |
language |
en_US |
topic |
access to capital access to markets accountability structures accounting administrative burden agricultural sectors Aid Effectiveness backed bonds bank loans beneficiaries Bond Bond Financing bond issuance Bond Markets Bonds broker budget constraints budgeting business activity capacity building capacity constraints capital flows capital inflows capital market capital markets cash transfers commercial banks competitive market corporate governance corruption credit enhancement credit enhancements credit guarantees credit ratings Creditor credits creditworthiness Debt debt burdens debt disbursements debt flows Debt Relief debt repayment debt service debt service payments Developing Countries developing country Development Assistance development bank development banks Development finance Development finance institution development finance institutions direct financing disbursement disbursements domestic markets donor resources early childhood economic crisis economic development economic growth economies of scale education systems emerging economies Emerging Market Emerging Market Economies empowerment enabling environment equipment exchange rates exclusion exclusions Expenditure expenditures External debt external financing extreme poverty farmers financial aid financial crisis Financial Flows financial instruments financial management financial resource financial resources Financial Services financial system financing needs fiscal burdens fiscal constraints fiscal deficit Foreign direct investment fraud free Access gender gender equality global banking global economy Globalization government budgets government expenditures government revenue government revenues Gross domestic product human development IDS Immunization Income Group inequality inflation informal economies information sharing infrastructure development Infrastructure Finance infrastructure financing Infrastructure Investment infrastructure investments Institutional Investors institutional reforms Insurance Intellectual Property interest rates International Bank international capital international capital markets international debt international development International Finance International Financial Institutions investing investment climate investment decisions Investment Financing investment projects lenders limited access liquidity Local Currency long-term finance Long-Term Investment macroeconomic environment market access market conditions market failures maturities maturity money laundering multinational multinationals mutually beneficial partnerships Natural Capital new markets outreach partial credit Partial risk pay-back periods payment obligations pledges Political Economy political risk Portfolio private capital Private Debt Private Finance private financing private investment private investors private sector finance private sector financing productive investments Property Rights public finance public funds public investment public investments public spending Public-private partnership public-private partnerships rates of return Remittance remittances repayments return returns risk management risk pooling safety net safety nets savings school buildings shareholders Short-term debt sliding scale source of funds Sources of Finance sovereign guarantees stock exchanges stocks tax tax burden tax collection tax deductions tax planning tax policy tax regime tax subsidies Technical Assistance telecommunications Terrorism trading trading system tranches Transaction Transparency Treasuries trust fund use of security Valuation vulnerable groups |
spellingShingle |
access to capital access to markets accountability structures accounting administrative burden agricultural sectors Aid Effectiveness backed bonds bank loans beneficiaries Bond Bond Financing bond issuance Bond Markets Bonds broker budget constraints budgeting business activity capacity building capacity constraints capital flows capital inflows capital market capital markets cash transfers commercial banks competitive market corporate governance corruption credit enhancement credit enhancements credit guarantees credit ratings Creditor credits creditworthiness Debt debt burdens debt disbursements debt flows Debt Relief debt repayment debt service debt service payments Developing Countries developing country Development Assistance development bank development banks Development finance Development finance institution development finance institutions direct financing disbursement disbursements domestic markets donor resources early childhood economic crisis economic development economic growth economies of scale education systems emerging economies Emerging Market Emerging Market Economies empowerment enabling environment equipment exchange rates exclusion exclusions Expenditure expenditures External debt external financing extreme poverty farmers financial aid financial crisis Financial Flows financial instruments financial management financial resource financial resources Financial Services financial system financing needs fiscal burdens fiscal constraints fiscal deficit Foreign direct investment fraud free Access gender gender equality global banking global economy Globalization government budgets government expenditures government revenue government revenues Gross domestic product human development IDS Immunization Income Group inequality inflation informal economies information sharing infrastructure development Infrastructure Finance infrastructure financing Infrastructure Investment infrastructure investments Institutional Investors institutional reforms Insurance Intellectual Property interest rates International Bank international capital international capital markets international debt international development International Finance International Financial Institutions investing investment climate investment decisions Investment Financing investment projects lenders limited access liquidity Local Currency long-term finance Long-Term Investment macroeconomic environment market access market conditions market failures maturities maturity money laundering multinational multinationals mutually beneficial partnerships Natural Capital new markets outreach partial credit Partial risk pay-back periods payment obligations pledges Political Economy political risk Portfolio private capital Private Debt Private Finance private financing private investment private investors private sector finance private sector financing productive investments Property Rights public finance public funds public investment public investments public spending Public-private partnership public-private partnerships rates of return Remittance remittances repayments return returns risk management risk pooling safety net safety nets savings school buildings shareholders Short-term debt sliding scale source of funds Sources of Finance sovereign guarantees stock exchanges stocks tax tax burden tax collection tax deductions tax planning tax policy tax regime tax subsidies Technical Assistance telecommunications Terrorism trading trading system tranches Transaction Transparency Treasuries trust fund use of security Valuation vulnerable groups World Bank Group Financing for Development Post-2015 |
description |
This paper is a contribution to United Nation (UN)-led efforts to articulate a post-2015 development framework, building on the Millennium Declaration and Millennium Development Goals (MDGs). It focuses on the challenge of financing development goals and complements the extensive work conducted by the United Nations1 and other institutions, including the World Bank Group. The paper is structured as follows. Section one outlines elements of what it will take to achieve development outcomes, the importance of a global development cooperation framework, the role of targeted, evidence-based policies and sound institutions; and the mobilization of resources for global public goods. Section two focuses on how best to support developing countries in mobilizing domestic resources for development, by boosting taxation capacity, harnessing natural resource revenue, improving expenditure efficiency, and curbing illicit financial flows. Section three examines issues of aid effectiveness and considers ways for development actors to provide better and smarter aid. Section four discusses trends in private financial flows to developing countries and the growing mismatch between available financing and investment needs. It then turns to strategies for mobilizing financing for long-term infrastructure. Finally, section five explores a range of emerging and innovative sources of finance, and the role an inclusive financial system can play to promote development. |
format |
Publications & Research :: Working Paper |
author |
World Bank Group |
author_facet |
World Bank Group |
author_sort |
World Bank Group |
title |
Financing for Development Post-2015 |
title_short |
Financing for Development Post-2015 |
title_full |
Financing for Development Post-2015 |
title_fullStr |
Financing for Development Post-2015 |
title_full_unstemmed |
Financing for Development Post-2015 |
title_sort |
financing for development post-2015 |
publisher |
Washington, DC |
publishDate |
2013 |
url |
http://hdl.handle.net/10986/16310 |
_version_ |
1764432802269364224 |
spelling |
okr-10986-163102021-04-23T14:03:28Z Financing for Development Post-2015 World Bank Group access to capital access to markets accountability structures accounting administrative burden agricultural sectors Aid Effectiveness backed bonds bank loans beneficiaries Bond Bond Financing bond issuance Bond Markets Bonds broker budget constraints budgeting business activity capacity building capacity constraints capital flows capital inflows capital market capital markets cash transfers commercial banks competitive market corporate governance corruption credit enhancement credit enhancements credit guarantees credit ratings Creditor credits creditworthiness Debt debt burdens debt disbursements debt flows Debt Relief debt repayment debt service debt service payments Developing Countries developing country Development Assistance development bank development banks Development finance Development finance institution development finance institutions direct financing disbursement disbursements domestic markets donor resources early childhood economic crisis economic development economic growth economies of scale education systems emerging economies Emerging Market Emerging Market Economies empowerment enabling environment equipment exchange rates exclusion exclusions Expenditure expenditures External debt external financing extreme poverty farmers financial aid financial crisis Financial Flows financial instruments financial management financial resource financial resources Financial Services financial system financing needs fiscal burdens fiscal constraints fiscal deficit Foreign direct investment fraud free Access gender gender equality global banking global economy Globalization government budgets government expenditures government revenue government revenues Gross domestic product human development IDS Immunization Income Group inequality inflation informal economies information sharing infrastructure development Infrastructure Finance infrastructure financing Infrastructure Investment infrastructure investments Institutional Investors institutional reforms Insurance Intellectual Property interest rates International Bank international capital international capital markets international debt international development International Finance International Financial Institutions investing investment climate investment decisions Investment Financing investment projects lenders limited access liquidity Local Currency long-term finance Long-Term Investment macroeconomic environment market access market conditions market failures maturities maturity money laundering multinational multinationals mutually beneficial partnerships Natural Capital new markets outreach partial credit Partial risk pay-back periods payment obligations pledges Political Economy political risk Portfolio private capital Private Debt Private Finance private financing private investment private investors private sector finance private sector financing productive investments Property Rights public finance public funds public investment public investments public spending Public-private partnership public-private partnerships rates of return Remittance remittances repayments return returns risk management risk pooling safety net safety nets savings school buildings shareholders Short-term debt sliding scale source of funds Sources of Finance sovereign guarantees stock exchanges stocks tax tax burden tax collection tax deductions tax planning tax policy tax regime tax subsidies Technical Assistance telecommunications Terrorism trading trading system tranches Transaction Transparency Treasuries trust fund use of security Valuation vulnerable groups This paper is a contribution to United Nation (UN)-led efforts to articulate a post-2015 development framework, building on the Millennium Declaration and Millennium Development Goals (MDGs). It focuses on the challenge of financing development goals and complements the extensive work conducted by the United Nations1 and other institutions, including the World Bank Group. The paper is structured as follows. Section one outlines elements of what it will take to achieve development outcomes, the importance of a global development cooperation framework, the role of targeted, evidence-based policies and sound institutions; and the mobilization of resources for global public goods. Section two focuses on how best to support developing countries in mobilizing domestic resources for development, by boosting taxation capacity, harnessing natural resource revenue, improving expenditure efficiency, and curbing illicit financial flows. Section three examines issues of aid effectiveness and considers ways for development actors to provide better and smarter aid. Section four discusses trends in private financial flows to developing countries and the growing mismatch between available financing and investment needs. It then turns to strategies for mobilizing financing for long-term infrastructure. Finally, section five explores a range of emerging and innovative sources of finance, and the role an inclusive financial system can play to promote development. 2013-11-25T14:52:01Z 2013-11-25T14:52:01Z 2013-10 http://hdl.handle.net/10986/16310 en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Publications & Research :: Working Paper Publications & Research |