scholarly journals Financing adaptation for resilient livelihoods under food system transformation: the role of Multilateral Development Banks

Food Security ◽  
2021 ◽  
Author(s):  
Leslie Lipper ◽  
Romina Cavatassi ◽  
Ricci Symons ◽  
Alashiya Gordes ◽  
Oliver Page
2020 ◽  
Vol 12 (3) ◽  
pp. 972 ◽  
Author(s):  
Mendez ◽  
Houghton

This article explores the role of multilateral development banks (MDBs) in originating norms of sustainable banking that have attracted and supported green private finance, a role not widely known in the management literature. Any prospect of achieving the United Nations (UN) Sustainable Development Goals by 2030 presupposes mobilizing the estimated US$23.3 trillion currently locked-up in risk-averse private savings to bridge the gap between developing countries’ demand for capital and the current global financial architecture’s capacity to supply it. The three biggest obstacles to sustainable banking identified by the authors are discussed: (1) The uncertain bankability of projects; (2) non-transparency in tracking sustainable capital flows; and (3) no universal mechanism capable of making matches between green investment supply and demand; and what MDBs have actually done to overcome these roadblocks, and might do in future, is also discussed. Seen through the lens of “applied constructivism”, MDBs are revealed to be norm entrepreneurs proactive since at least the 1970s in socially constructing most of the basic norms and practices of sustainable banking which the private sector relies on or is now striving to take up. MDBs are typically the first “port of call” for international governmental organizations (IGOs) and civil society organizations wishing to establish a sustainable financial framework for development; and are the likeliest political agents to pioneer sustainable banking in future. MDBs would do well to develop an awareness of the methods of Constructivism, which they have actually been unwittingly using, to empower themselves to meet the challenges of the 21st century.


2021 ◽  
pp. 31-45
Author(s):  
John Lynam ◽  
Kay Muir Leresche

Abstract This chapter assesses the achievement of African development outcomes through market-led rural transformation within the context of agri-food systems. Sections discuss: (1) rural development from a food systems perspective; (2) the drivers of change in the food system; (3) the changing structure of food demand; (4) the generation of a production and productivity response; (5) structural changes in the market supply chain and the growth in the non-farm rural economy; and (6) the role of tertiary agricultural education in a transforming African food system.


1999 ◽  
Vol 4 (1) ◽  
pp. 45-68
Author(s):  
JØRGEN KARTHUM HANSEN ◽  
STEIN HANSEN

This study addresses the role of multilateral development banks and their effectiveness in bringing environmental considerations, issues and consequences into structural and sectoral adjustment programmes in developing countries. It addresses a series of complex generic issues showing that such programmes cannot be meaningfully studied in isolation from other aid cooperation and government development programmes. The study proposes and discusses alternative explanations on how the multilateral development banks may have influenced thinking in borrowing countries. By looking more closely at the Philippines the study provides an insight into the dynamics and diversity of such programme lending and how its design can affect resource management and the environment in benign or adverse ways. It shows what complementary remedial action can be taken when institutional barriers, policy failures and market failures threaten the environment. It provides an analysis of how awareness of such interlinkages has emerged since 1980 and manifested itself in aid cooperation in general and in economy-wide adjustment lending in particular since 1987, while gradually being absorbed in governmental development plans and programmes with varying degrees of domestic ownership. In particular, we find that there seems to have been shifts in the World Bank and the Asian Development Bank's environmental policies after the publication of the Brundtland Commission Report in 1987.


2020 ◽  
Vol 15 (1) ◽  
pp. 190-195
Author(s):  
Andrei Shelepov ◽  

The review covers the 2018 IMF working paper “Borrowing Costs and The Role of Multilateral Development Banks: Evidence from Cross-Border Syndicated Bank Lending.” It is acknowledged that cross-border bank lending is becoming an increasingly important source of external financing for developing countries and therefore can play a key role in infrastructure development. The working paper examines the impact of participation by multilateral development banks (MDBs) in loan syndicates on the terms of loan deals, with a particular emphasis on loan pricing. The results of the study show that MDB participation is associated with higher borrowing costs and longer maturities, indicating a greater willingness on the part of MDBs to finance projects with higher risks which may otherwise be unattractive to private investors. In addition, MDB participation is associated with lower spreads for riskier borrowers compared to similar loans from private banks. The authors show that MDBs can help mobilize private investment in developing countries, including in infrastructure, through risk mitigation.


2018 ◽  
Vol 18 (263) ◽  
pp. 1 ◽  
Author(s):  
Daniel Gurara ◽  
Andrea Presbitero ◽  
Miguel Sarmiento

Sign in / Sign up

Export Citation Format

Share Document