The Future of Development Financing

1. Front Matter

   Pages i-xvi

   PDF

2. The Inheritance: Evolution of the International Development System and of Development Financing

   • Francisco Sagasti, Keith Bezanson, Fernando Prada

   Pages 1-21

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

   • Francisco Sagasti, Keith Bezanson, Fernando Prada

   Pages 22-49

4. Building Scenarios for International Development Finance

   • Francisco Sagasti, Keith Bezanson, Fernando Prada

   Pages 50-116

5. The Shape of Things to Come: Scenarios and Their Policy Implications

   • Francisco Sagasti, Keith Bezanson, Fernando Prada

   Pages 117-178

6. Concluding Remarks: Strategy, Commitment and Prospects

   • Francisco Sagasti, Keith Bezanson, Fernando Prada

   Pages 179-189

7. Back Matter

   Pages 190-238

   PDF

Today's international development financing system seems like a collection of disjointed entities that often work at cross purposes without being able to mobilize enough finance for developing countries in their efforts to reduce poverty and improve living standards. This book brings together the vast array of new initiatives in financing mechanisms and proposals to transform the development finance architecture. Based on four different scenarios for the next ten-year period, proposals are made for how to reach an effective system.

• Developing Countries
• development
• Development Finance

'I found it extremely good and extremely up to date. Quite the best thing on aid and international institutional issues I have recently read.' - Professor Sir Richard Jolly, Institute of Development Studies, University of Sussex, UK

'The Future of Development Financing is remarkable in effortlessly sifting through the complexities of today's global development architecture, and in combining vision with pragmatism in its approach. This will be a standard reference for anyone who is interested in realistic options for reforming the current system, and for all interested in international development.' - Dr. Roy Culpeper, President, North-South Institute, Canada

'If anyone ever tried to create a 'system' for development finance, it would certainly not look like the one we have today. This book takes a fresh and comprehensive look at agents, organizations and financing mechanisms within this field, with a view towards the future. But its worst-case scenario looks all too familiar! This should be a stern call for politicians and bureaucrats to act now.' - Ruth Jacoby, Director-General for International Development Cooperation,

Swedish Ministry for Foreign Affairs

FRANCISCO SAGASTI is Director of Agenda: PERU, a think-tank in Lima and Visiting Professor at the University for Peace in Costa Rica. He has been Chief of Strategic Planning at the World Bank, Chairman of the United Nations Advisory Committee on Science and Technology, and Visiting Professor at the Wharton School of the University of Pennsylvania, USA.

KEITH BEZANSON was Director of the Institute of Development Studies in the United Kingdom from 1997-2004. He was previously President of Canada's International Development Research Centre, Administrative Manager of the Inter-American Development Bank and Vice-President of the Canadian International Development Agency.

FERNANDO PRADA is Associate Researcher at FORO Nacional/Internacional. He has been Advisor at the Prime Minister's Office in Peru and Research Assistant at the Institute of Development Studies in Sussex, UK.

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