Attempted Change: Recent Attempts to Transform the International Development Financing Architecture

Francisco Sagasti, Keith Bezanson and Fernando Prada

Chapter 2 in The Future of Development Financing, 2005, pp 22-49 from Palgrave Macmillan

Abstract: Abstract The previous chapter has outlined an international development system defined by continuous transformation and by growing complexity. Its institutional architecture, constructed in an earlier era when international aid policies were a straightforward matter of project identification, financing and management, has evolved into a dense and at times almost impenetrable forest of development assistance organizations. The demands on these organizations have expanded in a virtually exponential manner such that today they are challenged to operate simultaneously at global, regional and grassroots levels; to function in new and ever-expanding partnership arrangements with decentralized authorities, the private sector, bilateral, multilateral and NGO agencies; to decentralize and increase operational strengths ‘on the ground’, while simultaneously reducing operating expenses and administrative costs; and to embrace and operationalize a myriad of often incompatible or conflicting priorities. Many are simultaneously criticized for ‘mission creep’ and urged to assume larger roles in new areas and respond to a greater variety of concerns.

Keywords: Social Responsible Investment; Development Assistance; Reform Effort; Global Public Good; Development Assistance Committee (search for similar items in EconPapers)
Date: 2005
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-50519-3_2

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230505193

DOI: 10.1057/9780230505193_2

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().