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World Economic and Social Survey 2012

In Search of New Development Finance

image of World Economic and Social Survey 2012
The World Economic and Social Survey (WESS) is a yearly publication that provides objective analysis of pressing long-term social and economic development issues, and discusses the positive and negative impact of corresponding policies. Scholars, policymakers, development thinkers and practitioners, as well as United Nations staff members have come together to develop the main messages for this year’s focus – Innovative Sources of Development Finance. This publication touches on topics such as conventional proposals of innovative international financing, existing mechanisms of innovative financing for development, and the allocation process, as well as the relation of international distribution mechanisms to development objectives.

English

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Existing mechanisms of innovative financing for development

The traditional view of innovative development financing (IDF) envisages mechanisms aiming primarily at generating substantial and predictable resources for development additional to traditional official development assistance (ODA). However, the development of such mechanisms has proved politically problematic, and achieving greater stability by avoiding dependence on discretionary donor budgets has become a daunting challenge.

English

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