Can the Addis Ababa Action Agenda Bring about a More Integrated Blend? Facilitating African Infrastructure Development Through Institutionalized Portfolio Approaches
Bibliographic Data
| ID | 12116366 |
|---|---|
| Authors | Bert Jacobs (0000-0003-1918-5503, University of Antwerp, corresponding author) |
| Year | 2016 |
| Volume | 43 |
| Issue | 3 |
| Pages | 385-413 |
| Publication date | 2016-04-28 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Forum for Development Studies (JOURNAL) |
| Journal identifiers | ISSN: 0803-9410 • E-ISSN: 1891-1765 |
| Publisher | Taylor & Francis (PUBLISHER • GB) |
| DOI | 10.1080/08039410.2016.1164236 |
| OpenAlex | W2343220244 |
| Language | EN |
| References cited | 10 |
This article makes the case that greater institutionalization of risk-reducing portfolio approaches will be necessary to enhance the future integration of blending efforts in the African infrastructure sector. Private sector investments and emerging economy integration have remained unresolved bottlenecks that have plagued the development debate since the Busan High Level Forum for Aid Effectiveness in 2011. Development Finance Institutions, who were mandated to deal with these bottlenecks and became the primary blending actors for many development agencies, failed, however, to drive broad stakeholder participation, especially in low-income countries. This article therefore argues that blending approaches can help overcome these limitations if they are pushed to a new level by focusing on greater institutionalization. It develops an analytic framework that assesses the factors for success for integrated blending and then applies these factors to a string of recent and more institutionalized portfolio approaches that have been developed to support African infrastructure development. Our research finds, however, that there remain significant problems with these current efforts and asks what role the Global Infrastructure Forum, which was established by the July 2015 Addis Ababa Action Agenda, could play in providing pathways out of these stated bottlenecks
Action (physics · Business · Economic growth · Economics · Institutionalisation · Political science · Portfolio · Public relations · Stakeholder · Fiscal Policy and Economic Growth · International Development and Aid · Public-Private Partnership Projects · Finance
DFID, the Private Sector and the Re-centring of an Economic Growth Agenda in International Development
The DAC is Dead, Long Live the DCF? A Comparative Analysis of the OECD Development Assistance Committee and the UN Development Cooperation Forum
Towards convergence and cooperation in the global development finance regime
Working On, Through and Around the State
| Citation velocity | historical |
|---|---|
| Highly cited | No |