Arbeitspapier
Multiactor global funds: New tools to address urgent global problems
Multiactor global funds (MGFs) are emerging as important new mechanisms for the financing of development and other global priorities. MGFs like the Global Fund for AIDS, Tuberculosis and Malaria are distinctive because they are administered and financed by multiactor coalitions of governments, international organizations, the private sector and civil society, they operate independently of any one institution and are tied to particular issue or policy areas. This paper considers the desirability of MGFs as instruments for international financial mobilization, resource allocation and as a form of experimentation in global governance. It is argued that MGFs hold considerable promise as focal points for generating additional public and private resources to address urgent global problems and to finance global public goods. They may be more operationally nimble than traditional mechanisms and capture some of the benefits of collaboration among different actors. However, MGFs may also result in a less coherent response to global problems, duplicate existing structures and be weakly democratically accountable.
- ISBN
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9291906360
- Language
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Englisch
- Bibliographic citation
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Series: WIDER Research Paper ; No. 2004/47
- Classification
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Wirtschaft
Policy Objectives; Policy Designs and Consistency; Policy Coordination
International Linkages to Development; Role of International Organizations
Altruism; Philanthropy; Intergenerational Transfers
- Subject
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international organizations
private sector
funding
governance
Entwicklungshilfe
Entwicklungsfinanzierung
Public-Private Partnership
- Event
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Geistige Schöpfung
- (who)
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Heimans, Jeremy
- Event
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Veröffentlichung
- (who)
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The United Nations University World Institute for Development Economics Research (UNU-WIDER)
- (where)
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Helsinki
- (when)
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2004
- Handle
- Last update
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10.03.2025, 11:41 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Heimans, Jeremy
- The United Nations University World Institute for Development Economics Research (UNU-WIDER)
Time of origin
- 2004