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Political Economy of Additional Development Finance


  • Clunies-Ross, Anthony
  • Langmore, John


The paper considers the political obstacles and supports for additional development finance and a number of possible devices through which advantage may be taken of the supports and the obstacles circumvented. It emphasizes the need for effective negotiating alliances among developing-country governments that will draw on support from outside their own ranks. It gives particular attention to the 'innovative' methods by which funds might be mobilized by transnational activity for global disposal within a strategy for the progressive reduction of poverty. In order to eliminate one difficulty it outlines a possible arrangement through which funds so raised might be allocated.

Suggested Citation

  • Clunies-Ross, Anthony & Langmore, John, 2006. "Political Economy of Additional Development Finance," WIDER Working Paper Series DP2006/09, World Institute for Development Economic Research (UNU-WIDER).
  • Handle: RePEc:unu:wpaper:dp2006-09

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    References listed on IDEAS

    1. Raffer, Kunibert, 1998. "The tobin tax: Reviving a discussion," World Development, Elsevier, vol. 26(3), pages 529-538, March.
    2. Michael A. Clemens & Steven Radelet & Rikhil Bhavnani, 2004. "Counting chickens when they hatch: The short-term effect of aid on growth," International Finance 0407010, EconWPA.
    3. Anthony Clunies Ross, 2000. "Untying the knots of international environmental agreements," Journal of Economic Studies, Emerald Group Publishing, vol. 27(1/2), pages 94-110, January.
    4. J. J. Polak & Peter B. Clark, 2002. "International Liquidity and the Role of the SDR in the International Monetary System," IMF Working Papers 02/217, International Monetary Fund.
    5. Rodney Schmidt, 2001. "Efficient capital controls," Journal of Economic Studies, Emerald Group Publishing, vol. 28(3), pages 199-212, September.
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