Innovating Development Finance : From Financing Sources to Financial Solutions

Girishankar, Navin

dc.creator	Girishankar, Navin
dc.date	2012-03-19T19:13:32Z
dc.date	2012-03-19T19:13:32Z
dc.date	2009-11-01
dc.date.accessioned	2023-02-18T19:38:25Z
dc.date.available	2023-02-18T19:38:25Z
dc.identifier	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20091103112908
dc.identifier	http://hdl.handle.net/10986/4300
dc.identifier.uri	http://localhost:8080/xmlui/handle/CUHPOERS/249800
dc.description	As early as 2000, development partners embarked on a decade-long search for "innovative" or alternative sources of Official Development Assistance to help finance achievement of the Millennium Development Goals. For their part, developing countries have sought not only more financial flows but better financial solutions, for example, through partnerships that mobilize private finance for public service delivery, risk mitigation efforts that promote private entry in the productive sectors, and support for carbon trading. This paper offers a framework to organize and understand this heterogeneous mix of innovations in fund-raising and financial solutions for development. It also provides, for the first time, a stocktaking of actual innovations that make up the international landscape and highlights the World Bank Group s role to date. The stocktaking shows that innovative finance mechanisms have played a more significant role in supporting financial solutions on the ground than in identifying and exploiting "alternative sources of ODA." Innovative fund-raising therefore should be viewed as a complement to - rather than a substitute for - traditional efforts to mobilize official flows, in particular concessional flows. Going forward, innovations need to be tested and evaluated to determine value-added.
dc.language	English
dc.relation	Policy Research working paper ; no. WPS 5111
dc.rights	CC BY 3.0 IGO
dc.rights	http://creativecommons.org/licenses/by/3.0/igo/
dc.rights	World Bank
dc.subject	ACCOUNTING
dc.subject	ADMINISTRATIVE COST
dc.subject	ADMINISTRATIVE COSTS
dc.subject	ADVISORY SERVICES
dc.subject	AGENCY PROBLEMS
dc.subject	ASSISTANCE ORGANIZATION
dc.subject	BANK BONDS
dc.subject	BANK DEBT
dc.subject	BANK GUARANTEES
dc.subject	BANK INTERMEDIATION
dc.subject	BANK LOAN
dc.subject	BENCHMARK BONDS
dc.subject	BENEFICIARY
dc.subject	BOND
dc.subject	BOND INDEX
dc.subject	BOND ISSUANCES
dc.subject	BOND ISSUE
dc.subject	BOND ISSUES
dc.subject	BOND MARKETS
dc.subject	BONDS
dc.subject	CAPITAL FLOWS
dc.subject	CAPITAL MARKET
dc.subject	CAPITAL MARKETS
dc.subject	CENTRAL BANKS
dc.subject	COMMERCIAL CREDIT
dc.subject	COMMODITY PRICE
dc.subject	COMMODITY PRICES
dc.subject	CONFLICTS OF INTEREST
dc.subject	CORPORATE FINANCE
dc.subject	CORRUPTION
dc.subject	COST OF REMITTANCES
dc.subject	COST-EFFICIENCY
dc.subject	COUPON
dc.subject	CREDIT AGENCIES
dc.subject	CREDIT GUARANTEE
dc.subject	CREDIT GUARANTEES
dc.subject	CREDIT RATING
dc.subject	CREDIT RISKS
dc.subject	CREDITORS
dc.subject	CROP INSURANCE
dc.subject	CURRENCY
dc.subject	CURRENCY RISKS
dc.subject	DEBT
dc.subject	DEBT CONVERSION
dc.subject	DEBT CONVERSIONS
dc.subject	DEBT FINANCING
dc.subject	DEBT MANAGEMENT
dc.subject	DEBT OFFERINGS
dc.subject	DEBT RELIEF
dc.subject	DEBT SWAPS
dc.subject	DEFICITS
dc.subject	DERIVATIVE
dc.subject	DERIVATIVE INSTRUMENTS
dc.subject	DERIVATIVES
dc.subject	DEVELOPING COUNTRIES
dc.subject	DEVELOPING COUNTRY
dc.subject	DEVELOPMENT ASSISTANCE
dc.subject	DEVELOPMENT BANK
dc.subject	DEVELOPMENT BANKS
dc.subject	DEVELOPMENT FINANCE
dc.subject	DISBURSEMENT
dc.subject	DISBURSEMENTS
dc.subject	DOMESTIC CAPITAL
dc.subject	DOMESTIC CAPITAL MARKETS
dc.subject	ECONOMIC AGENTS
dc.subject	ECONOMIC COOPERATION
dc.subject	ECONOMIC CRISIS
dc.subject	ECONOMIC DEVELOPMENT
dc.subject	EMERGING MARKETS
dc.subject	ENVIRONMENTAL PROTECTION
dc.subject	EQUITIES
dc.subject	EUROBOND
dc.subject	EXCHANGE RATE
dc.subject	EXPENDITURE
dc.subject	EXTERNAL BORROWING
dc.subject	EXTERNAL FINANCING
dc.subject	EXTERNAL FUNDING
dc.subject	EXTERNAL SHOCKS
dc.subject	FACILITATION
dc.subject	FARMERS
dc.subject	FEDERAL BUDGET
dc.subject	FINANCIAL CRISIS
dc.subject	FINANCIAL EXPERTISE
dc.subject	FINANCIAL FLOWS
dc.subject	FINANCIAL INNOVATION
dc.subject	FINANCIAL INNOVATIONS
dc.subject	FINANCIAL INSTRUMENTS
dc.subject	FINANCIAL INTERMEDIARY
dc.subject	FINANCIAL MANAGEMENT
dc.subject	FINANCIAL MARKETS
dc.subject	FINANCIAL RISK
dc.subject	FINANCIAL RISKS
dc.subject	FINANCIAL SKILLS
dc.subject	FINANCIAL SYSTEMS
dc.subject	FINANCING FACILITY
dc.subject	FINANCING INITIATIVES
dc.subject	FINANCING NEEDS
dc.subject	FOREIGN DIRECT INVESTMENT
dc.subject	FOREIGN EXCHANGE
dc.subject	FOREIGN EXCHANGE RISKS
dc.subject	FUND MANAGEMENT
dc.subject	FUND MANAGERS
dc.subject	FUNDING SOURCES
dc.subject	FUTURE CREDIT
dc.subject	GLOBAL CAPITAL
dc.subject	GLOBAL CAPITAL MARKETS
dc.subject	GLOBAL DEVELOPMENT FINANCE
dc.subject	GLOBAL MARKET
dc.subject	GOVERNMENT PAPER
dc.subject	GROSS DOMESTIC PRODUCT
dc.subject	GROUP LENDING
dc.subject	GUARANTEE AGENCY
dc.subject	HOUSEHOLDS
dc.subject	HUMAN DEVELOPMENT
dc.subject	IMMUNIZATION
dc.subject	INDEXED BONDS
dc.subject	INFLATION
dc.subject	INFORMATION ASYMMETRIES
dc.subject	INFRASTRUCTURE DEVELOPMENT
dc.subject	INFRASTRUCTURE INVESTMENT
dc.subject	INSTITUTIONAL INVESTORS
dc.subject	INSTRUMENT
dc.subject	INSURANCE
dc.subject	INSURANCE COMPANIES
dc.subject	INSURANCE MARKET
dc.subject	INSURANCE MARKETS
dc.subject	INTEREST RATE
dc.subject	INTERNATIONAL BANK
dc.subject	INTERNATIONAL DEVELOPMENT
dc.subject	INTERNATIONAL FINANCE
dc.subject	INTERNATIONAL FINANCIAL INSTITUTION
dc.subject	INTERNATIONAL MARKETS
dc.subject	INVESTING
dc.subject	INVESTMENT BANK
dc.subject	INVESTMENT CORPORATION
dc.subject	INVESTMENT DECISIONS
dc.subject	INVESTMENT FINANCE
dc.subject	INVESTMENT FLOWS
dc.subject	INVESTMENT STRATEGIES
dc.subject	ISSUANCE
dc.subject	ISSUANCES
dc.subject	LEVIES
dc.subject	LEVY
dc.subject	LIABILITY
dc.subject	LIQUIDITY
dc.subject	LIVESTOCK INSURANCE
dc.subject	LOAN
dc.subject	LOCAL BANKS
dc.subject	LOCAL CAPACITY
dc.subject	LOCAL CURRENCIES
dc.subject	LOCAL CURRENCY
dc.subject	LOCAL FINANCIAL MARKETS
dc.subject	LOCAL MARKET
dc.subject	LOCAL MARKETS
dc.subject	MARKET CONDITIONS
dc.subject	MARKET DEVELOPMENT
dc.subject	MARKET ENVIRONMENT
dc.subject	MARKET FAILURES
dc.subject	MARKET PARTICIPANTS
dc.subject	MARKET PRICES
dc.subject	MARKET-MAKING
dc.subject	MATURITIES
dc.subject	MATURITY
dc.subject	MONETARY FUND
dc.subject	NATURAL DISASTERS
dc.subject	NONPAYMENT
dc.subject	NUTRITION
dc.subject	OUTREACH
dc.subject	PARTIAL CREDIT
dc.subject	PARTIAL RISK
dc.subject	PENSION
dc.subject	PENSION FUNDS
dc.subject	POLITICAL RISK
dc.subject	PORTFOLIO
dc.subject	PORTFOLIOS
dc.subject	PRIVATE CAPITAL
dc.subject	PRIVATE DONORS
dc.subject	PRIVATE EQUITY
dc.subject	PRIVATE FINANCE
dc.subject	PRIVATE INVESTMENT
dc.subject	PRIVATE INVESTORS
dc.subject	PROMISSORY NOTE
dc.subject	PUBLIC ASSETS
dc.subject	PUBLIC BANKS
dc.subject	PUBLIC FINANCE
dc.subject	PUBLIC FUNDS
dc.subject	PUBLIC SECTOR BANKS
dc.subject	PUBLIC-PRIVATE PARTNERSHIP
dc.subject	PUBLIC-PRIVATE PARTNERSHIPS
dc.subject	REFUGEES
dc.subject	REMITTANCE
dc.subject	REMITTANCES
dc.subject	REPAYMENT
dc.subject	RETAIL INVESTORS
dc.subject	RETURN
dc.subject	RETURNS
dc.subject	RISK MANAGEMENT
dc.subject	RISK MANAGEMENT TOOLS
dc.subject	RISK MITIGATION
dc.subject	RISK PROFILE
dc.subject	SECONDARY MARKET
dc.subject	SECURITIES
dc.subject	SEIZURE
dc.subject	SETTLEMENT
dc.subject	SMALL BUSINESSES
dc.subject	SOURCES OF FUNDS
dc.subject	SOVEREIGN DEBTS
dc.subject	SOVEREIGN ENTITIES
dc.subject	SOVEREIGN LENDING
dc.subject	SOVEREIGN RISK
dc.subject	START-UP
dc.subject	START-UP COSTS
dc.subject	SUPPORT INFRASTRUCTURE
dc.subject	SWAP
dc.subject	SWAP MARKET
dc.subject	TAX
dc.subject	TECHNICAL ASSISTANCE
dc.subject	TRADING
dc.subject	TRADITIONAL LOANS
dc.subject	TRANSACTION
dc.subject	TRANSACTION COSTS
dc.subject	TRANSACTIONS COSTS
dc.subject	TREASURY
dc.subject	TREATY
dc.subject	TRUST FUND
dc.subject	TRUST FUNDS
dc.subject	TRUSTEE
dc.subject	URBAN DEVELOPMENT
dc.subject	VARIABLE COUPON
dc.title	Innovating Development Finance : From Financing Sources to Financial Solutions
dc.type	Publications & Research :: Policy Research Working Paper
dc.coverage	The World Region
dc.coverage	The World Region