| Title:
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THE FUTURE OF MULTILATERAL AID
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| By: |
Ravi Kanbur |
| Format: |
Paperback |
| List price:
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£12.00 |
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| ISBN 10: |
1565170261 |
| ISBN 13: |
9781565170261 |
| Publisher: |
JOHNS HOPKINS UNIVERSITY PRESS |
| Pub. date: |
24 September, 1999 |
| Pages: |
100 |
| Description: |
This essay explores the future of multilateral development assistance, in light of the effectiveness of 50 years of aid and bearing in mind emerging issues. It examines the rationale for various forms of assistance and suggests reforms to make assistance more effective in the 21st century. |
| Synopsis: |
This essay focuses on the future of multilateral development assistance, in light of the lessons of aid effectiveness in the last 50 years and bearing in mind emerging development issues. It examines the rationale for multilateral forms of assistance, going back to the Bretton Woods conference, and argues that the multilateral approach has been successful in some areas, such as pooling of lending risks, but not in others, such as controlling free-rider problems through common conditionality. For emerging development issues, particularly those of international public goods, multilateralism seems to be the logical venue for co-ordination. However, the free-rider problems of the past will be present even more strongly in this arena and these need to be taken into account in designing institutions of the future. The essay concludes by suggesting reform of the multilateral assistance system to make it a more effective global instrument for dealing with the development problems of the next century. |
| Publication: |
US |
| Imprint: |
Johns Hopkins University Press |
| Returns: |
Non-returnable |