Aiding Global Public Policy: Rethinking Rationales and Roles

Robin Davies

    Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review


    Argues that in the absence of continued aid volume growth and new sources of financing for global public goods (GPGs), growing tensions must be resolved by reconceiving the rationale for aid, and proposes a relatively conservative modification of it, which carries implications for resource allocation, delivery mechanisms, the institutional and global governance of the relevant financial flows, and the measurement of those flows. The formal definition of Official Development Assistance (ODA) can already accommodate a somewhat broader concept of aid more favorable to GPGs, but the World Bank and other multilateral organizations must (1) develop strategic, linked institutional frameworks for financing global public policy; (2) determine global goals through country operations as well as global programs; (3) shift to the use of more flexible financing packages to create incentives for deviations from business-as-usual; and (4) establish a Global Financing Facility to finance global public policy through existing institutions.
    Original languageEnglish
    Title of host publicationToo Global to Fail: The World Bank at the Intersection of National and Global Public Policy in 2025
    EditorsJ. Warren Evans and Robin Davies
    Place of PublicationWashington, DC
    PublisherWorld Bank Group
    ISBN (Print)9781464803079
    Publication statusPublished - 2015


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