Innovative Financing For Development: A Deus Ex Machina For Funding Post-2015 Development Agenda?
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| Natura: | Artículo científico |
| Lingua: | en |
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Universidad de Huelva
2014
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| _version_ | 1876469050132922368 |
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| author | Jorge Garcia-Arias |
| author_facet | Jorge Garcia-Arias |
| contents | Innovative Financing For Development: A Deus Ex Machina For Funding Post-2015 Development Agenda? Jorge Garcia-Arias Alfredo Macías Vázquez Eduardo Fernández-Huerga Economía y Finanzas Post External Debt Global Public Goods Private Capital Flows 2015 Development Agenda In this paper we critically analyze the reasons to implement innovative mechanisms for international development finance, and the most relevant innovative instruments applied bythe moment. We also show how, in the international financing for development (IFfD) system,innovative financing is just another link in the chain and not a magic solution for solving all IFfDproblems. Thus, innovative financing should be analysed in connection with the system’s otherbasic elements, such as traditional financing instruments and the structure and functioning ofthe international economic and financial system through which these resources flow. Hence, asystemic approach to international financing for development (SAIFfD) is needed. The main conclusion is that, although current innovative instruments should be welcome, there is a need to accelerate the launch of new innovative mechanisms and to develop some important accompanying measures basically related to both the reform of traditional instruments of IFfD and the international financial architecture. 2014 artículo científico 1576-0162 https://www.redalyc.org/articulo.oa?id=86632963002 en http://www.redalyc.org/revista.oa?id=866 REM. Revista de Economía Mundial application/pdf Universidad de Huelva REM. Revista de Economía Mundial (España) Num.36 |
| format | Artículo científico |
| id | redalyc_86632963002 |
| institution | Redalyc |
| language | en |
| publishDate | 2014 |
| publisher | Universidad de Huelva |
| spellingShingle | Innovative Financing For Development: A Deus Ex Machina For Funding Post-2015 Development Agenda? Jorge Garcia-Arias Economía y Finanzas Post External Debt Global Public Goods Private Capital Flows 2015 Development Agenda Innovative Financing For Development: A Deus Ex Machina For Funding Post-2015 Development Agenda? Jorge Garcia-Arias Alfredo Macías Vázquez Eduardo Fernández-Huerga Economía y Finanzas Post External Debt Global Public Goods Private Capital Flows 2015 Development Agenda In this paper we critically analyze the reasons to implement innovative mechanisms for international development finance, and the most relevant innovative instruments applied bythe moment. We also show how, in the international financing for development (IFfD) system,innovative financing is just another link in the chain and not a magic solution for solving all IFfDproblems. Thus, innovative financing should be analysed in connection with the system’s otherbasic elements, such as traditional financing instruments and the structure and functioning ofthe international economic and financial system through which these resources flow. Hence, asystemic approach to international financing for development (SAIFfD) is needed. The main conclusion is that, although current innovative instruments should be welcome, there is a need to accelerate the launch of new innovative mechanisms and to develop some important accompanying measures basically related to both the reform of traditional instruments of IFfD and the international financial architecture. 2014 artículo científico 1576-0162 https://www.redalyc.org/articulo.oa?id=86632963002 en http://www.redalyc.org/revista.oa?id=866 REM. Revista de Economía Mundial application/pdf Universidad de Huelva REM. Revista de Economía Mundial (España) Num.36 |
| title | Innovative Financing For Development: A Deus Ex Machina For Funding Post-2015 Development Agenda? |
| topic | Economía y Finanzas Post External Debt Global Public Goods Private Capital Flows 2015 Development Agenda |
| url | https://www.redalyc.org/articulo.oa?id=86632963002 |