Development Finance

More from the Series

Blog Post

The Elusive Quest for Additionality

September 12, 2018
After toiling away for decades in relative obscurity, DFIs have found themselves thrust into the limelight and told to transform “billions to trillions,” to fill the yawning SDG financing gap.
WORKING PAPER

The Elusive Quest for Additionality - Working Paper 495

September 12, 2018
DFIs are frequently asked to demonstrate their additionality—meaning that they make investments that the private sector would not—but what evidence of additionality would look like is rarely articulated. This paper examines potential quantitative and qualitative evidence.
Blog Post

2018 FOCAC: Africa in the New Reality of Reduced Chinese Lending

August 31, 2018
The 2018 FOCAC Summit will open tomorrow in Beijing. There is much speculation about the size of the investment package China will unveil at the summit. It appears, however, that we are in a new phase of Chinese financing. A combination of domestic and international pressures will likely alter China...
Blog Post

Time to Pay More Attention to Tax Expenditures?

August 01, 2018
It is time that donors and technical assistance providers turn their attention to tax concessions provided by developing countries struggling to raise more taxes from domestic sources. The granting of tax concessions is not only mostly opaque and prone to corruption, but these concessions are furthe...