Challenges in Expanding Development Assistance

Author/Editor:

Peter S. Heller ; Sanjeev Gupta

Publication Date:

March 1, 2002

Electronic Access:

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Disclaimer: This Policy Dicussion Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

This paper highlights the macro and microeconomic challenges associated with success of the effort to mobilize 0.7 percent of GNP for official development assistance (ODA). To promote achievement of the Millennium Development Goals, enhanced ODA must be as productive as possible. In weighing the distribution of enhanced ODA among countries, the paper emphasizes the need to limit potentially adverse “real transfer effects.” It recommends a multi-pronged approach to ODA that includes, inter alia, in addition to direct bilateral transfers, enhanced use of trust funds and the financing of global public goods.

Series:

Policy Discussion Paper No. 02/5

Subject:

English

Publication Date:

March 1, 2002

ISBN/ISSN:

9781451972788/1934-7456

Stock No:

PPIEA0052002

Price:

$10.00 (Academic Rate:$10.00)

Format:

Paper

Pages:

46

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