Domestic Resource Mobilization and Financial Development
This significant and timely volume offers crucial insights into the constantly evolving debate within the international development community regarding the mobilization of domestic resources and the crucial role that financial development can and should play in this regard. This book explores various aspects of the financial development–domestic resource mobilization nexus, including detailed case studies from Africa (including Ethiopia, Morocco and Zambia) and Asia (including China, South Korea and Vietnam), and applicable policy lessons. The contributions, from leading experts in the area of finance and development, strike a fine balance between theory, evidence and policy.
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'The UNU-WIDER Studies in Development Economics and Policy series have over recent years developed into a must read for anyone interested in sound policy advice for fighting global poverty. A central cornerstone of robust development is to mobilise sufficient domestic resources and to make them accessible to all. Domestic Resource Mobilization and Financial Development guides the reader toward valuable theory and field lessons on how to mobilise, intermediate and allocate savings through inclusive financial sectors.' - Helmut Reisen, Head of Research, OECD Development Centre