ALTERNATIVE WAYS TO FUND THE INTERNATIONAL-DEVELOPMENT-ASSOCIATION (IDA)

Authors
Citation
J. Sanford, ALTERNATIVE WAYS TO FUND THE INTERNATIONAL-DEVELOPMENT-ASSOCIATION (IDA), World development, 25(3), 1997, pp. 297-310
Citations number
9
Categorie Soggetti
Planning & Development",Economics
Journal title
ISSN journal
0305750X
Volume
25
Issue
3
Year of publication
1997
Pages
297 - 310
Database
ISI
SICI code
0305-750X(1997)25:3<297:AWTFTI>2.0.ZU;2-I
Abstract
This paper discusses the present method and three alternative ways the International Development Association (IDA) - the World Bank's conces sional loan facility - might be financed. All cost the donors less tha n the present system, while providing borrowers with the same amount o f aid. The alternatives also have drawbacks however, that may limit ID A's future capabilities in certain respects. The paper also discusses a way IDA's funds might be supplemented temporarily if the donors have difficulty implementing the pending 11th IDA replenishment plan. (C) 1997 Elsevier Science Ltd.