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Rethinking Development Finance: Towards a New “possible trinity” for Growth?

Development finance is an issue that typically concerns developing countries. This is where numerous, grave socio-economic problems persist, including – and not among the least – the need for stable development finance in higher quantity and of h...

Foresight Africa: Top Priorities for the Continent in 2018

In Chapter 1, African leaders describe initiatives to help the continent harness its potential to secure its future. African institutions—particularly the African Union, the United Nations Economic Commission for Africa, the African Development Ba...

Taxation As a Domestic Resource Mobilisation Tool for Financing Development in Sub Saharan Africa

"The global financial crisis exposed the vulnerability of developing countries for their reliance on foreign aid resources for their development agenda. The crisis resulted in the dwindling of resources for the countries advancing aid and subseque...

Borrowing Charter: Principles and Guidelines on Sovereign Financial Borrowing for Sub-Sahara African countries

"This borrowing charter contains principles and guidelines on sovereign financial borrowing. It seeks to guide and inform sovereign states borrowing so as to improve the current weak administrative, institutional and legal procedures for loan cont...

Issues and Challenges in Mobilizing African Diaspora Investment

The costs of financing African development, including infrastructure and the United Nations’ Sustainable Development Goals, are escalating, intensifying the quest for new innovative sources of financing to meet these costs and close existing finan...

Financing Ethiopia’s Development: Confronting the Gap between Ambition and Means

Ethiopia set out – and in large measure achieved – a very ambitious program of economic and social development under its Growth and Transformation Plan (GTP-I). The scale of public sector involvement was very large: for the five-year Plan period, ...

Infrastructure and Impacts: Strengthening Environmental and Social Safeguards

Growing awareness of the negative environmental and social (E&S) externalities of large infrastructure projects has driven sustainability considerations to the top of infrastructure financing debates in developing countries. While many external fi...

Improving Infrastructure Finance for Low-Income Countries: Recommendations for the ADF

Low-income countries (LICs) in subSaharan Africa face a substantial infrastructure-financing gap. Multilateral development banks (MDBs) have traditionally played an important role in mobilising finance for infrastructure in LICs, but their funding...

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