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This book examines the impact of financing on Africa's economic development. By exploring various financial instruments including the role of alternative sources of funding like migrant remittances and illicit flows, it analyses the role of financing for Africa's macroeconomic development and other development indicators such as infrastructure, transport, global trade, industrialisation, social services, external indebtedness and governance. By presenting and examining case studies on various African countries and regions, the respective contributions investigate the capacity of institutions to facilitate and structure the economy's funding activities, and to strengthen the ties between finance and development. Furthermore, they discuss various regional aspects, such as the integration of infrastructure, harmonization of fiscal policy, integration of financial markets, and the facilitation of intra-regional trade and movement of capital. Given its scope, the book will appeal to scholars of economics and development studies with an interest in the economic development of Africa. .

Mexico's financial system today enjoys the resilience that can only be gained through a decades-long rollercoaster ride. Things went from boom to bust in the seventies and eighties, followed by a foreign debt crisis and repeated devaluations, then more inflation, then renewed growth and soaring trade in the early years of this century thanks to the North American Free Trade Agreement. Mexico took a particularly severe buffeting in the international financial crisis, not because of any inherent weakness in the financial system but because the high degree of trade integration with the United States magnified the impact. But sound economic policies have helped pull the country back on track. Now financial institutions are looking for robust excellent growth. Adapted from the source document.

Survey of Sustainable Development Financing in Local Government. ; Publisher PDF

"This edited volume provides a critical evaluation of financing options for sustainable development in Africa. While sustainability has long been the watchword for development programs, and while many African countries have taken initiatives to develop integrated frameworks that tackle developmental challenges--including poverty, education, and health--financing has remained a challenge. In this book, an expert team of chapter authors examines new financing options while also exploring how traditional financing means, such as foreign aid and foreign direct investment, can be more effective for sustainability. The authors discuss how African nations can build adequate structures and productive capacity to create a platform that can meet present economic, social, and environmental needs without compromising the ability of future generations to meet their own needs. Practical case studies and scientific evidence give this book a unique approach that is both qualitative and quantitative. This book will be of interest to students, practitioners, and scholars of development studies, public policy and African economics."--

This edited volume provides a critical evaluation of financing options for sustainable development in Africa. While sustainability has long been the watchword for development programs, and while many African countries have taken initiatives to develop integrated frameworks that tackle developmental challenges - including poverty, education, and health - financing has remained a challenge. In this book, an expert team of chapter authors examines new financing options while also exploring how traditional financing means, such as foreign aid and foreign direct investment, can be more effective for sustainability. The authors discuss how African nations can build adequate structures and productive capacity to create a platform that can meet present economic, social, and environmental needs without compromising the ability of future generations to meet their own needs. Practical case studies and scientific evidence give this book a unique approach that is both qualitative and quantitative.

The article provides an overview of the most important current EU initiatives contributing to sustainable finance. After an introduction on how the concept of sustainability entered the domain of European policy, the definition of sustainable finance from the EU perspective is discussed, as well as its relationship to the concept of green finance. After outlining the need for sustainable finance to achieve EU and international policy goals, the article provides a discussion of sustainable finance from a theoretical perspective, taking into account already existing perspectives from literature. A brief overview is given of what the EU could theoretically do to foster sustainable finance. The article then proceeds with an overview of the most important existing EU initiatives to foster sustainable finance: the Action Plan on financing sustainable growth adopted in March 2018, the EU Emissions Trading System and EU financial support contributing to sustainable finance. Finally, the article provides a discussion of the challenges and political implications of current sustainable finance policies for the EU, followed by conclusions. ; Der Artikel gibt einen Überblick über die wichtigsten aktuellen EU-Initiativen, die zu einer nachhaltigen Finanzierung beitragen. Nach einer Einführung in der Frage, wie das Konzept der Nachhaltigkeit in die europäische Politik aufgenommen wurde, wird die Definition des Begriffs "nachhaltige Finanzierung" aus der EU-Perspektive sowie dessen Zusammenhang mit dem Konzept der "grünen Finanzierung" erörtert. Weiterhin wird dargelegt, warum ein nachhaltiges Finanzwesens notwendig ist, um die klima- und umweltpolitischen Ziele der EU und der internationalen Gemeinschaft zu erreichen. Der Artikel beinhaltet eine Debatte über nachhaltige Finanzierung aus theoretischer Sicht, wobei bereits bestehende Sichtweisen aus der Literatur berücksichtigt werden. Es wird ein kurzer Überblick darüber gegeben, was die EU theoretisch tun könnte, um nachhaltige Finanzierung zu fördern. Anschließend wird ein Überblick über die wichtigsten bestehenden EU-Initiativen zur Förderung eines nachhaltigen Finanzwesens gegeben: der im März 2018 angenommene Aktionsplan zur Finanzierung nachhaltigen Wachstums, das EU-Emissionshandelssystem und die finanzielle Unterstützung durch die EU, die zu einer nachhaltigen Finanzierung beitragen. Schließlich beinhaltet der Artikel eine Diskussion über die Herausforderungen und die politischen Auswirkungen der derzeitigen Politik für nachhaltige Finanzierung in der EU, gefolgt von Schlussfolgerungen.

In the fall of 2015, world leaders adopted the most ambitious global development agenda in history. Meeting the aspiring targets of the Sustainable Development Goals will require financing far beyond traditional aid. At the same time, aid itself is under major pressure as European governments cut aid budgets or divert them to meet refugee and migration issues. In this context of massive global ambition and concurrent uncertainty on the future of aid, other actors and sources of development financing seem ever more critical, such as the private sector, private foundations and the BRICS. But what are in fact the interests and modes of operation of such actors in the context of development financing, and to what extent do they align with the aims of the SDGs? And how do national governments of developing countries themselves perceive and approach these new sources of financing? ; In the fall of 2015, world leaders adopted the most ambitious global development agenda in history. Meeting the aspiring targets of the Sustainable Development Goals will require financing far beyond traditional aid. At the same time, aid itself is under major pressure as European governments cut aid budgets or divert them to meet refugee and migration issues. In this context of massive global ambition and concurrent uncertainty on the future of aid, other actors and sources of development financing seem ever more critical, such as the private sector, private foundations and the BRICS. But what are in fact the interests and modes of operation of such actors in the context of development financing, and to what extent do they align with the aims of the SDGs? And how do national governments of developing countries themselves perceive and approach these new sources of financing?

Mongolia's high economic growth based on abundant mineral resource in recent years is a welcome story in today's world economic situation. This has been fuelled by massive commodity demand from Chinese, Korean, Japanese and Russian heavy industries. However, the growth and progress of the financial sector has not been able to catch up with this high-speed mineral growth and therefore a pivotal policy reform is needed in the financial sector and this should be implemented by the Government together with the financial community. This paper considers a number of key questions: What can the Central Bank, Financial Regulatory Commission and other financial institutions do to meaningfully increase domestic financial services for the mining sector? Are current programmes and policies making a difference? Is there any model country for Mongolia in this matter for improving its laws and institutions? Is there any option other than fdi for financing the extraction of Mongolia's vast mineral resources?