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UNU-WIDER Sustainability of External Development Financing to Developing Countries

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A teenager wears torn rubber boots in a muddy local market in Bac Ha, Viet Nam. As of 2005 figures, half the world population—more than 3 billion people–is estimated to live on less than USD 2.50 a day. Bac Ha, Viet Nam. UN Photo/Kibae Park.

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Sustainability of External Development Financing to Developing Countries

External development finance consists of those foreign sources of funds that promote or at least have the potential to promote development in the destination countries if delivered in the appropriate form. This rather broad definition qualifies all forms of external finance, and the quality and quantity of their inflows to developing countries are thus covered in the studies that form the background to this Policy Brief. These include official bilateral and multilateral, private commercial, and private noncommercial flows. A common characteristic is that all these types of flows are inadequate or becoming inadequate on the one hand and that their distribution is lopsided geographically and/or temporally, on the other.
Publisher:
UNU-WIDER
Series:
WIDER Policy Brief
Volume:
9
Title:
Sustainability of External Development Financing to Developing Countries
Authors:
Matthew Odedokun
Publication date:
March 2004
ISBN Printed:
9291905763
ISBN Web:
9291905771
ISBN 13 Print:
9789291905768
ISBN 13 Web:
9789291905775
Copyright holder:
© UNU-WIDER
Copyright year:
2004
Keywords:
funds, development, external finance, inflows, official, bilateral, multilateral, private, commercial, noncommercial, flow
JEL:
F3, G15
Project:
The Sustainability of Development Financing
Sponsor:
The governments of Denmark (Royal Ministry of Foreign Affairs), Finland (Ministry for Foreign Affairs), Norway (Royal Ministry of Foreign Affairs), Sweden (Swedish International Development Cooperation Agency-Sida) and the United Kingdom (Department for International Development).
Format:
online and printed copies

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