BRICs’ Philosophies for Development Financing and their Implications for LICs PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download BRICs’ Philosophies for Development Financing and their Implications for LICs PDF full book. Access full book title BRICs’ Philosophies for Development Financing and their Implications for LICs by MissNkunde Mwase. Download full books in PDF and EPUB format.
Author: MissNkunde Mwase
Publisher: International Monetary Fund
ISBN: 147553129X
Category : Business & Economics
Languages : en
Pages : 49
Get Book Here
Book Description
Flows of development financing from the BRICs (Brazil, Russia, India, and China) to low income countries (LICs) have surged in recent years. Unlike aid from traditional donors, BRICs (excluding Russia) view their financing as primarily based on the principles of South-South cooperation, focusing on mutual benefits without attachment of policy conditionality. This paper provides an overview of the philosophies and modalities of BRIC financing and examines their implications for LIC economies and future LIC-BRIC engagement.
Author: MissNkunde Mwase
Publisher: International Monetary Fund
ISBN: 147553129X
Category : Business & Economics
Languages : en
Pages : 49
Get Book Here
Book Description
Flows of development financing from the BRICs (Brazil, Russia, India, and China) to low income countries (LICs) have surged in recent years. Unlike aid from traditional donors, BRICs (excluding Russia) view their financing as primarily based on the principles of South-South cooperation, focusing on mutual benefits without attachment of policy conditionality. This paper provides an overview of the philosophies and modalities of BRIC financing and examines their implications for LIC economies and future LIC-BRIC engagement.
Author: MissNkunde Mwase
Publisher: International Monetary Fund
ISBN: 1463923910
Category : Business & Economics
Languages : en
Pages : 26
Get Book Here
Book Description
BRICs development financing flows have increased significantly and are expected to become more prominent in the post-crisis era. We investigate the potential implications on the country-allocation of loan commitments and the degree of concessionality using a panel vector autoregression model and single equation dynamic panel estimation.We find that BRICs lend more to LICs with weaker institutions. Land-locked, resource-scarce LICs receive significantly less financing than other resource-rich LICs. The degree of concessionality is negatively correlated with the amount of loans and positively correlated with better institutional indicators suggesting that the higher the risks, the higher the required returns that BRICs expect.
Author: Nkunde Mwase
Publisher:
ISBN:
Category :
Languages : en
Pages : 25
Get Book Here
Book Description
BRICs development financing flows have increased significantly and are expected to become more prominent in the post-crisis era. We investigate the potential implications on the country-allocation of loan commitments and the degree of concessionality using a panel vector autoregression model and single equation dynamic panel estimation. We find that BRICs lend more to LICs with weaker institutions. Land-locked, resource-scarce LICs receive significantly less financing than other resource-rich LICs. The degree of concessionality is negatively correlated with the amount of loans and positively correlated with better institutional indicators suggesting that the higher the risks, the higher the required returns that BRICs expect.
Author: Michael Kahn
Publisher: Taylor & Francis
ISBN: 1000087751
Category : Business & Economics
Languages : en
Pages : 312
Get Book Here
Book Description
This series of books brings together results of an extensive research programme on aspects of the national systems of innovation in the five BRICS countries – Brazil, Russia, India, China, and South Africa. It provides a comprehensive and comparative examination of the challenges and opportunities faced by these dynamic and emerging economies. In discussing the impact of innovation with respect to economic, geopolitical, socio-cultural, institutional, and technological systems, it reveals the possibilities of new development paradigms for equitable and sustainable growth. This volume analyses the financing of science, technology and innovation in the BRICS economies. It highlights the importance of institutional coordination and the influence of implicit policies on the extent to which capital markets may contribute to innovation financing. It stresses the role of state development banks and similar organisations in promoting high-risk and long-run building of innovative capacities with respect to development strategy. Original and detailed data, together with expert analyses on wide-ranging issues, make this book an invaluable resource for researchers and scholars in economics, development studies and political science, in addition to policy-makers and development practitioners interested in the BRICS countries.
Author: Internationaler Währungsfonds
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
The emergence of BRICs-Brazil, Russia, India, and China-is reshaping low-income countries' (LICs) international economic relations. While industrial countries remain LICs' dominant development partners, LIC-BRIC ties have increased so rapidly over the past decade that BRICs have become new growth drivers for LICs. Trade with BRICs is already close to half of the value of combined trade with the European Union and the United States, and larger than with other emerging market economies. BRIC FDI and development financing are making a significant impact in some key areas despite their relatively small volumes compared with those from advanced countries. Beyond the increased flows of goods and capital, BRICs have brought new dynamics in LICs' economic relations with the rest of the world, complementing as well as competing with OECD partners. Nevertheless, while potential benefits from the LIC-BRIC ties are enormous, there are challenges and risks in realizing such benefits.
Author: Lu Jiang
Publisher: Springer Nature
ISBN: 9813295074
Category : Political Science
Languages : en
Pages : 273
Get Book Here
Book Description
This book investigates China’s contemporary development cooperation mentality and modality through the case of its agricultural engagement with Africa. It identifies three models, namely traditional agro-aid, innovative agro-aid and agribusiness models, of Chinese current agro-development cooperation with Africa, and unpacks the different models by tracing their historical origins and examining the actual practice based on project-level fieldwork conducted in Mozambique and South Africa. The book provides a preliminary and qualitative evaluation of China’s current agro-development cooperation with Africa, and explains the ‘implementation gaps’ as observed on the ground adopting a public policy approach. It also compares the Chinese way of development cooperation with that of the traditional donors (particularly the OECD-DAC members), and calls for a broadening understanding for international development cooperation that can allow win-win ideology and embrace diversified cooperation forms beyond the official development assistance (ODA).
Author: Jianzhi Zhao
Publisher: World Scientific
ISBN: 9811258899
Category : Business & Economics
Languages : en
Pages : 313
Get Book Here
Book Description
This book studies the theory, practice and evaluation methods of international development cooperation, aid and assistance management in detail from a global perspective. It attempts to answer the following questions: How effective are the current Western aid methods? How should China optimize current international development cooperation? How to effectively design an aid management system in the international community? How to assess the effectiveness of aid?The book contributes to studies in international development cooperation. The theoretical part analyzes the main concepts, viewpoints, theories, and disputes in current international development cooperation, primarily focusing on the differences in concepts between traditional development donors and emerging donors represented by China. The practical part studies the roles and importance of different subjects in international development assistance. This part also explores the impact of different aid management institutions on international development cooperation. The evaluation part reviews the current mainstream methods of international development assessment and uses non-experimental methods of impact evaluation and randomized controlled trials (RCTs).
Author: Gabriella Y. Carolini
Publisher: Oxford University Press
ISBN: 019286548X
Category : Economic development
Languages : en
Pages : 241
Get Book Here
Book Description
Is South-South Cooperation (SSC) any different from other international partnerships in practice? While straightforward, this question often gets lost in conventional scholarship on SSC and international cooperation, which privileges macro-level narratives of how cooperation mechanisms fit within geopolitical concerns and shape the outcomes of foreign aid. Equity, Evaluation, and International Cooperation instead offers an answer from the ground up. It highlights two main lessons from the close examination of the ecosystem of international cooperation projects in the urban water-and-sanitation sector in Maputo, Mozambique. First, the book shows that macro labels attributed to international cooperation reflect very little about how cooperation projects operate on the ground and the equity consequences of their work. Second, how projects are designed, implemented, and evaluated does matter to the quality of learning that emanates from partnerships. Beyond the geopolitical and technical proximities favored by the SSC discourse, this book argues that what matters in practice is whether hierarchy or heterarchy is institutionalized in the governance of cooperation projects; whether project partners are locally embedded in shared work spaces; and whether practitioners value flexibility and recognize the epistemic value of learning from all partners as peers. A strong evaluation culture within the international development industry, however, still subjugates such equity-based concerns and deep learning in projects to accountability, reinforcing orthodox power asymmetries in cooperation and sustaining epistemic and distributive injustice. This book instead provides a framework for how project evaluations, as a key narrative instrument of development, can instead promote distributive, procedural, and epistemic justice in international cooperation projects.
Author: Kendall Stiles
Publisher: Edward Elgar Publishing
ISBN: 1035312794
Category : Political Science
Languages : en
Pages : 205
Get Book Here
Book Description
This insightful book investigates the role of the UN Secretariat in an era of significant global power shifts. It argues that though UN staff can shape political outcomes towards their own ideals and the UN’s institutional mission, their powers are limited by member states seeking to influence and control the Secretariat.
Author: World Bank
Publisher: World Bank Publications
ISBN: 0821395238
Category : Medical
Languages : en
Pages : 191
Get Book Here
Book Description
This year's report summarizes the short- and long-term impact of food prices on several MDGs, explores future trends, and review policy responses, from domestic policies such as social safety nets, nutritional programs and agricultural policies, to regional trade policies to support by the international community.
