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Development Finance Institutions As Tools For Foreign Aid Distribution: A Comparative Analysis Of The Overseas Private Investment Corporation, Findev Canada And Deutsche Investitions – Und Entwicklungsgesellschaft, Kamal Mann

Major Papers

An understanding of how foreign aid has changed requires a thorough examination of the efforts taken in aid to address the widening finance gap in development, alongside the often-contested issue of aid effectiveness. This is particularly the case when looking at how aid should be paid for. Yet the question of how to best program and deliver foreign aid remains unanswered.

Aid remains one of the largest aspects of international transfers of resources that occur in the world, as such it is important to study it. The rise of Development Finance Institutions, which are publicly owned, private lending institutions helps …

The Politics Of Effectiveness In Canada’S International Development Assistance, Jamey Essex

Political Science Publications

Despite promoting innovations in multilateralism and aid, Canadian development assistance often operates in politically instrumental ways and has been criticized as wasteful and ineffective. Aid effectiveness has thus become a central rubric for programming and assessing aid at the Canadian International Development Agency (CIDA) and a primary means for reforming the global aid architecture. The meaning of effectiveness, however, is not straightforward; it refers variously to development progress, operational efficiency and political utility. This article examines CIDA’s effectiveness agenda, focusing on the 2009 Food Security Strategy and the geographic concentration of aid in countries of focus. It argues that this …

The Neoliberalization Of Development: Trade Capacity Building And Security At The Us Agency For International Development, Jamey Essex

Political Science Publications

This paper examines recent changes at the US Agency for International Development (USAID) regarding the connections between trade liberalization, development, and security. USAID has adopted “trade capacity building” as a framework for development, and, in conjunction with new US national security discourses, now operates under the assumption that underdevelopment is a source of state weakness that produces insecurity. I argue that these changes in how USAID understands and undertakes development constitute the neoliberalization of development. In accordance with these shifts, USAID has redefined critical aspects of its development mission, undergone internal restructuring, and altered its relationship with other US state …