Financing for Development Post-2015

This paper is a contribution to United Nation (UN)-led efforts to articulate a post-2015 development framework, building on the Millennium Declaration and Millennium Development Goals (MDGs). It focuses on the challenge of financing development goals and complements the extensive work conducted by the United Nations1 and other institutions, including the World Bank Group. The paper is structured as follows. Section one outlines elements of what it will take to achieve development outcomes, the importance of a global development cooperation framework, the role of targeted, evidence-based policies and sound institutions; and the mobilization of resources for global public goods. Section two focuses on how best to support developing countries in mobilizing domestic resources for development, by boosting taxation capacity, harnessing natural resource revenue, improving expenditure efficiency, and curbing illicit financial flows. Section three examines issues of aid effectiveness and considers ways for development actors to provide better and smarter aid. Section four discusses trends in private financial flows to developing countries and the growing mismatch between available financing and investment needs. It then turns to strategies for mobilizing financing for long-term infrastructure. Finally, section five explores a range of emerging and innovative sources of finance, and the role an inclusive financial system can play to promote development.

Bibliographic Details

Main Author:	World Bank Group
Format:	Working Paper biblioteca
Language:	en_US
Published:	Washington, DC 2013-10
Subjects:	access to capital, access to markets, accountability structures, accounting, administrative burden, agricultural sectors, Aid Effectiveness, backed bonds, bank loans, beneficiaries, Bond, Bond Financing, bond issuance, Bond Markets, Bonds, broker, budget constraints, budgeting, business activity, capacity building, capacity constraints, capital flows, capital inflows, capital market, capital markets, cash transfers, commercial banks, competitive market, corporate governance, corruption, credit enhancement, credit enhancements, credit guarantees, credit ratings, Creditor, credits, creditworthiness, Debt, debt burdens, debt disbursements, debt flows, Debt Relief, debt repayment, debt service, debt service payments, Developing Countries, developing country, Development Assistance, development bank, development banks, Development finance, Development finance institution, development finance institutions, direct financing, disbursement, disbursements, domestic markets, donor resources, early childhood, economic crisis, economic development, economic growth, economies of scale, education systems, emerging economies, Emerging Market, Emerging Market Economies, empowerment, enabling environment, equipment, exchange rates, exclusion, exclusions, Expenditure, expenditures, External debt, external financing, extreme poverty, farmers, financial aid, financial crisis, Financial Flows, financial instruments, financial management, financial resource, financial resources, Financial Services, financial system, financing needs, fiscal burdens, fiscal constraints, fiscal deficit, Foreign direct investment, fraud, free Access, gender, gender equality, global banking, global economy, Globalization, government budgets, government expenditures, government revenue, government revenues, Gross domestic product, human development, IDS, Immunization, Income Group, inequality, inflation, informal economies, information sharing, infrastructure development, Infrastructure Finance, infrastructure financing, Infrastructure Investment, infrastructure investments, Institutional Investors, institutional reforms, Insurance, Intellectual Property, interest rates, International Bank, international capital, international capital markets, international debt, international development, International Finance, International Financial Institutions, investing, investment climate, investment decisions, Investment Financing, investment projects, lenders, limited access, liquidity, Local Currency, long-term finance, Long-Term Investment, macroeconomic environment, market access, market conditions, market failures, maturities, maturity, money laundering, multinational, multinationals, mutually beneficial partnerships, Natural Capital, new markets, outreach, partial credit, Partial risk, pay-back periods, payment obligations, pledges, Political Economy, political risk, Portfolio, private capital, Private Debt, Private Finance, private financing, private investment, private investors, private sector finance, private sector financing, productive investments, Property Rights, public finance, public funds, public investment, public investments, public spending, Public-private partnership, public-private partnerships, rates of return, Remittance, remittances, repayments, return, returns, risk management, risk pooling, safety net, safety nets, savings, school buildings, shareholders, Short-term debt, sliding scale, source of funds, Sources of Finance, sovereign guarantees, stock exchanges, stocks, tax, tax burden, tax collection, tax deductions, tax planning, tax policy, tax regime, tax subsidies, Technical Assistance, telecommunications, Terrorism, trading, trading system, tranches, Transaction, Transparency, Treasuries, trust fund, use of security, Valuation, vulnerable groups,
Online Access:	http://hdl.handle.net/10986/16310
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