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Rethinking development finance: towards a new “possible trinity” for growth?

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  • Luiz A Pereira da Silva

Abstract

Development finance is an issue that typically concerns developing countries where numerous, grave socioeconomic problems persist, including – and not among the least – the need for stable development finance in higher quantity and of higher quality. However, development finance could also be used today as a growth-enhancing concept applicable to advanced economies, to boost their growth and help their social inclusion. It could contribute to rebalancing macroeconomic policies and move them towards a new “possible trinity”: growth based on higher productivity, growth that favours stronger social inclusion and growth that is friendlier to the environment.

Suggested Citation

  • Luiz A Pereira da Silva, 2017. "Rethinking development finance: towards a new “possible trinity” for growth?," Policy notes & Policy briefs 1711, Policy Center for the New South.
    • Handle: RePEc:ocp:ppaper:pb-17/11
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    File URL: http://www.policycenter.ma/sites/default/files/OCPPC-PB1711.pdf
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