The implications of multi-bi financing for multilateral agencies: the example of the World Bank

Reinsberg, B. (2016) The implications of multi-bi financing for multilateral agencies: the example of the World Bank. In: Klingebiel, S., Mahn, T. and Negre, M. (eds.) The Fragmentation of Aid: Concepts, Measurements and Implications for Development Cooperation. Series: Rethinking international development series. Palgrave Macmillan: London, pp. 185-198. ISBN 9781137553560 (doi: 10.1057/978-1-137-55357-7_13)

Abstract

Over the last decade, earmarked voluntary contributions to international development organizations (referred to as multi-bi financing in this chapter) have become a significant source of donor funding. Reinsberg discusses how multi-bi financing channeled through trust funds shapes the organizational practices of multilateral agencies, using evidence from a large number of interviews conducted at the World Bank. The analysis covers seven types of possible consequences raised by a primarily policy-driven literature, including differences in the portfolio of activities of trust funds and core resources, the alignment of trust-funded activities with development needs, undue donor influence upon agency operations, insufficient recovery of maintenance costs, long-term budget implications, transaction costs and administrative burdens, and institutional fragmentation.

• Item Type: Book Sections
• Status: Published
• Glasgow Author(s) Enlighten ID: Reinsberg, Dr Bernhard
• Authors: Reinsberg, B.
• College/School: College of Social Sciences > School of Social and Political Sciences > Politics
• Publisher: Palgrave Macmillan
• ISBN: 9781137553560
• Published Online: 01 September 2016