Innovative Sources of Development Finance: Global Cooperation in the Twenty-first Century

Raghbendra Jha

No DP2002-98, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper argues that in view of the resource crunch confronting many developing countries and the fall in overseas development aid flows to them, new sources of development finance need to be found. We consider international taxes, fees and levies that could considerably augment aid flows to developing countries and some of which may have coincident beneficial effects. Estimates of the revenue yield from such taxes and levies are also presented. The paper proposes the establishment of a 'world development organization' to coordinate such effort.

Keywords: Economic assistance and foreign aid; Economic development projects; Institutional economics; International agencies (search for similar items in EconPapers)
Date: 2002
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Citations: View citations in EconPapers (1)

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Journal Article: Innovative Sources of Development Finance: Global Cooperation in the Twenty‐first Century (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:dp2002-98

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