Closing the development finance gap in post-conflict and fragile situations: What role for development finance institutions?

Closing the development finance gap in post-conflict and fragile situations: What role for development finance institutions?

Author: 
Giordano, Thierry
Publisher: 
Taylor & Francis Group
Date published: 
2016
Record type: 
Region: 
Responsibility: 
Ruiters, Michele, jt. author
Journal Title: 
Development Southern Africa
Source: 
Development Southern Africa, Vol. 33, No. 4, July 2016, pp. 562-578
Abstract: 

For many years, the main focus of international institutions and bilateral aid agencies has been on state building as the main action to support countries' recovery from conflicts or other fragile situations. The role of the private sector has been widely overlooked, despite being crucial in supporting economic growth and job creation. We argue that development finance institutions have a dedicated role to play in closing financial gaps, which are widening as fragility increases. They have the comparative advantages needed to make projects happen by supporting the private sector, hence significantly contributing to the recovery process.

Language: 

CITATION: Giordano, Thierry. Closing the development finance gap in post-conflict and fragile situations: What role for development finance institutions? . : Taylor & Francis Group , 2016. Development Southern Africa, Vol. 33, No. 4, July 2016, pp. 562-578 - Available at: http://library.au.int/closing-development-finance-gap-post-conflict-and-fragile-situations-what-role-development-finance-0