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important source of external finance for governments and hence play a key role in financing the execution of fiscal policy …
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Public spending often increases at the end of fiscal years. This is undesirable because late spending tends to be inefficient. The causes for these spending spikes are however poorly understood. This paper offers a novel identification strategy that relies on the historic variation in countries'...
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Development finance is at a turning point, as the macroeconomic environment has changed profoundly and the financing … accelerate ongoing reform processes and come up with new, innovative and bold proposals to reshape development finance in these … development finance are as follows. First, new initiatives and frameworks are needed to provide urgent debt relief and …
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challenges in meeting these needs with traditional financing. The paper then makes the case for maximizing finance for … explores the way forward and concludes on the need for strong state capacity and integrity to promote the maximizing finance …
Persistent link: https://www.econbiz.de/10012051807
The OECD Survey on Blended Finance Funds and Facilities represents a major step forward to consolidate evidence and … provide further policy guidance in support of the OECD DAC Blended Finance Principles, whose focus is unlocking commercial … finance for the Sustainable Development Goals. This working paper presents findings from the 2018 survey edition relating to …
Persistent link: https://www.econbiz.de/10012137012