Domestic Resource Mobilization and External Financing: What Does Governance Matter?

This paper studies the relationship between two global priorities: financing for development and good governance. The Addis Ababa Action Agenda of the Third International Conference on Financing for Development identifies domestic revenue mobilization as central to achieving the Sustainable Developm...

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Bibliographic Details
Published in:Policy File 2016
Main Authors: Sy, Amadou, Sow, Mariama
Format: Report
Language:English
Subjects:
Banking/Finance
Government
International/Economic development
The Brookings Institution
Online Access:Request full text
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Summary:This paper studies the relationship between two global priorities: financing for development and good governance. The Addis Ababa Action Agenda of the Third International Conference on Financing for Development identifies domestic revenue mobilization as central to achieving the Sustainable Development Goals (SDGs). The Action Agenda also recognizes the importance of international finance in the development process (United Nations, 2015). At the same time, the process leading to the SDGs has emphasized good governance as a development priority. One of the SDGs (Goal 16) is solely dedicated to the "promotion of peaceful and inclusive societies for sustainable development, the provision of access to justice for all and building effective, accountable and inclusive institutions at all levels."