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Heterogeneity in financing for development strategies as a hindering factor to achieve a global agreement on the 2030 Agenda

Economics

Heterogeneity in financing for development strategies as a hindering factor to achieve a global agreement on the 2030 Agenda

A. Sianes, L. A. Fernández-portillo, et al.

Explore the evolving landscape of development finance in the context of the 2030 Agenda! This research by Antonio Sianes, Luis A. Fernández-Portillo, Adela Toscano-Valle, and Elena Pérez-Velasco uncovers the differing financing strategies among donor countries and poses critical questions about the potential for a unified global approach.

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Playback language: English
Abstract
The 2030 Agenda has shifted the development aid system, yet there's no consensus on financing it. This paper examines the diverse financing for development (FfD) strategies of donor countries, focusing on ODA, remittances, philanthropic donations, and policy coherence for development. A hierarchical cluster analysis reveals four distinct groups of countries with differing FfD strategies, hindering a global agreement and questioning the feasibility of a common approach.
Publisher
Humanities and Social Sciences Communications
Published On
Nov 17, 2023
Authors
Antonio Sianes, Luis A. Fernández-Portillo, Adela Toscano-Valle, Elena Pérez-Velasco
Tags
development aid
financing for development
ODA
remittances
philanthropic donations
policy coherence
global agreement

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