Background
In
recent years there has been a resurgence of interest in issues relating
to development finance, broadly defined, to include official development
assistance, foreign direct investment and other private and public
capital flows. There is now more certainty about the impact
of these flows on growth and, by implication, poverty reduction.
In particular there is a growing consensus on the impact of official
development assistance on these variables. Increased flows
of development financing are therefore seen as essential to achieve
the Millenium Development Goals (MDGs). But beyond this there is
increased uncertainty over the future of international development
financing.
There
is controversy about the relevant of recipient country policy regimes
for the aid effectiveness and uncertainty over the capacity of donor
governments to finance aid volumes necessary for sustained progress
towards the MDGs. There are proposals for greater emphasis
on non-traditional forms of development financing, as a consequence
of this uncertainty. Profound concerns have also been expressed
regarding the impact of the international security agenda for aid
policy.
The
Workshop
The
proposed workshop addresses a number of these issues in the contact
of the global policy agenda. It brings together a panel of
a researcher, a policy maker and an NGO representative, with vast
experience in global financing issues. The broad objective
of the workshop is to focus on controversies and the state of thinking
concerning development financing policy and practice, that current
research can help illuminate. An intended output of the workshop
will be a briefing paper of up to 5,000 words.
The
Panellists
The
three panellists are as follows:
Researcher:
Dr George Mavrotas (UNU-WIDER, Helsinki), "Aid, Alternative
Sources of Finance and the Millenium Development Goals" (co-authored
with Tony Addison and Mark McGillivray)
Policy
Maker: Dr Adrian Wood, Chief Economist, DFID
NGO
Representative: Duncan Green, Head of Research, Oxfam
Workshop
Coordinators: Tony Addison, George Mavrotas and Mark McGillivray
UNU-WIDER,
Helsinki, 28th September 2004
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Documents to be downloaded:
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