The rise of multi-bi aid and the proliferation of trust funds

Since the end of the Cold War, development assistance has been transformed in various ways. The aid allocation and the aid effectiveness literature intensively discuss the qualitative reorientation from geopolitical towards actual poverty reduction objectives and the donors’ related geographical and...

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সংরক্ষণ করুন:
গ্রন্থ-পঞ্জীর বিবরন
প্রধান লেখক: Vera Z. Eichenauer, Katharina Michaelowa, Bernhard Reinsberg
বিন্যাস: Online
ভাষা:ইংরেজি
প্রকাশিত: Edward Elgar Publishing 2021
বিষয়গুলি:
অনলাইন ব্যবহার করুন:32540
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author Vera Z. Eichenauer
Katharina Michaelowa
Bernhard Reinsberg
author_browse Bernhard Reinsberg
Katharina Michaelowa
Vera Z. Eichenauer
author_facet Vera Z. Eichenauer
Katharina Michaelowa
Bernhard Reinsberg
author_sort Vera Z. Eichenauer
collection Directory of Open Access Books
description Since the end of the Cold War, development assistance has been transformed in various ways. The aid allocation and the aid effectiveness literature intensively discuss the qualitative reorientation from geopolitical towards actual poverty reduction objectives and the donors’ related geographical and sector choices. The introduction of the Millennium Development Goals (MDGs), the World Bank’s poverty reduction strategies (PRS), and the new principles for aid developed in the context of the Paris Declaration have all triggered important dynamics that also found a corresponding reflection in the literature. In parallel, there has been a much more silent revolution of funding mechanisms, widely discussed within aid agencies, but so far without any significant analysis in the academic literature. While donor countries traditionally face a binary choice between two channels for official development assistance (ODA), namely, the bilateral and the multilateral channel, they now increasingly opt for a combination of the two, generally called ‘multi-bi’ aid. In this context, they channel funds to an international development organization (IDO), a multilateral agency that implements development activities, but without providing the IDO with the authority to spend these funds at its own discretion. Owing to this earmarking to specific areas in which the funds may be used, multi-bi aid differs substantially from traditional core funding to multilaterals. A further difference consists in the voluntary nature of multi-bi contributions that provide much more flexibility to the donor government.
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spelling doab-20.500.12854ir-635032023-12-20T16:24:16Z The rise of multi-bi aid and the proliferation of trust funds Vera Z. Eichenauer Katharina Michaelowa Bernhard Reinsberg JZ2-6530 HD72-88 aid allocation development assistance trust funds multi-bi aid Millenium Development Goals Paris Declaration ODA bic Book Industry Communication::J Society & social sciences::JP Politics & government::JPS International relations Since the end of the Cold War, development assistance has been transformed in various ways. The aid allocation and the aid effectiveness literature intensively discuss the qualitative reorientation from geopolitical towards actual poverty reduction objectives and the donors’ related geographical and sector choices. The introduction of the Millennium Development Goals (MDGs), the World Bank’s poverty reduction strategies (PRS), and the new principles for aid developed in the context of the Paris Declaration have all triggered important dynamics that also found a corresponding reflection in the literature. In parallel, there has been a much more silent revolution of funding mechanisms, widely discussed within aid agencies, but so far without any significant analysis in the academic literature. While donor countries traditionally face a binary choice between two channels for official development assistance (ODA), namely, the bilateral and the multilateral channel, they now increasingly opt for a combination of the two, generally called ‘multi-bi’ aid. In this context, they channel funds to an international development organization (IDO), a multilateral agency that implements development activities, but without providing the IDO with the authority to spend these funds at its own discretion. Owing to this earmarking to specific areas in which the funds may be used, multi-bi aid differs substantially from traditional core funding to multilaterals. A further difference consists in the voluntary nature of multi-bi contributions that provide much more flexibility to the donor government. 2021-02-12T10:28:06Z 2021-02-12T10:28:06Z 2019-03-14 17:09:16 2015 chapter 32540 https://directory.doabooks.org/handle/20.500.12854/63503 eng image/jpeg Attribution-NonCommercial-NoDerivatives 4.0 International https://www.elgaronline.com/view/edcoll/9781783474578/9781783474578.xml Edward Elgar Publishing 10.4337/9781783474592.00041 10.4337/9781783474592.00041 01ceac28-75b4-492a-8eec-f9b98bc6b28c 9781783474592 9781783474578 28 open access
spellingShingle JZ2-6530
HD72-88
aid allocation
development assistance
trust funds
multi-bi aid
Millenium Development Goals
Paris Declaration
ODA
bic Book Industry Communication::J Society & social sciences::JP Politics & government::JPS International relations
Vera Z. Eichenauer
Katharina Michaelowa
Bernhard Reinsberg
The rise of multi-bi aid and the proliferation of trust funds
title The rise of multi-bi aid and the proliferation of trust funds
title_full The rise of multi-bi aid and the proliferation of trust funds
title_fullStr The rise of multi-bi aid and the proliferation of trust funds
title_full_unstemmed The rise of multi-bi aid and the proliferation of trust funds
title_short The rise of multi-bi aid and the proliferation of trust funds
title_sort rise of multi bi aid and the proliferation of trust funds
topic JZ2-6530
HD72-88
aid allocation
development assistance
trust funds
multi-bi aid
Millenium Development Goals
Paris Declaration
ODA
bic Book Industry Communication::J Society & social sciences::JP Politics & government::JPS International relations
topic_facet JZ2-6530
HD72-88
aid allocation
development assistance
trust funds
multi-bi aid
Millenium Development Goals
Paris Declaration
ODA
bic Book Industry Communication::J Society & social sciences::JP Politics & government::JPS International relations
url 32540
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