Capitalisme et santé au Sud: la finance mixte au cœur de la financiarisation de l’aide au développement

Bruno Boidin and Mathias Chavassieux
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Bruno Boidin: CLERSÉ - Centre Lillois d’Études et de Recherches Sociologiques et Économiques - UMR 8019 - Université de Lille - CNRS - Centre National de la Recherche Scientifique

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Abstract: This article looks into the financialization process in the field of development aid. Along with the requirements of the Sustainable Development Goals (SDG) arises a new financial model aiming the leverage of private capitals and renewing the terms of aid supply. It contributes to the financialization of health aid by promulgating profitability as a new imperative in development projects. This phenomenon illustrates a wider movement of liberalization correlated with the rise in power of the ambiguous notion of global public good. The article offers a critical perspective of the use of blended finance by examining the risks and threats generated by it. It also explores two implicit dynamics of this financialization process: a gradual expansion of the commercial sector in the health systems of the South, and a policy that increasingly delegates the responsibility to the private sector regarding the public development aid supply

Keywords: financialization; blended finance; development aid; health; financiarisation; finance mixte; aide au développement; santé (search for similar items in EconPapers)
Date: 2022-09-01
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Published in Economie et institutions, 2022, Economie et institutions, 30-31, p.1-22. ⟨10.4000/ei.7463⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04428250

DOI: 10.4000/ei.7463

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