Policy Innovations The central address for a fairer globalization

A publication of the Carnegie Council

Innovative Sources for Development Finance: Over-Arching Issues

World Institute for Development Economics Research (UNU-WIDER), December 1, 2003

Proposals for new sources of development finance are considered in detail in the project-related discussion papers. Each of them raises a number of distinct issues, which are properly discussed in the individual studies. But there are also over-arching issues. What is the role of new sources in relation to existing ODA? Should we be seeking new sources that generate a double dividend? Can the key elements of a proposal be achieved by another route? It is with these general concerns that the present paper deals with. Its aim is to set out a number of the common questions that arise in considering sources of new revenue for development finance.

By A.B Atkinson

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