EPAR TECHNICAL REPORT #288
Wed, 09/17/2014
AUTHORS: Travis Reynolds, Josh Merfeld, C. Leigh Anderson
ABSTRACT:
This report summarizes current trends in the application of Development Finance Institution (DFI)-based returnable capital finance in developing countries, with an emphasis on “pro-poor” development initiatives. We begin by reviewing the financial instruments used by DFIs. We then review the major DFI providers of returnable-capital based finance, drawing on past and present peer-reviewed articles and published reports exploring trends in the uses of different returnable capital instruments over time. Finally, we conclude by further examining recent efforts to use returnable capital to finance development initiatives explicitly targeting the poor.
TYPE OF RESEARCH: Literature Review
RESEARCH TOPIC CATEGORY: Development Finance & Policy; Aid & Other Development Finance
GEOGRAPHIC FOCUS: Global
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