Private finance and the post-2015 development agenda

Sally Heather Brooks

Private finance and the post-2015 development agenda

Social Policy and Social Work

Research output: Contribution to specialist publication › Article

Abstract

There is an emerging consensus that private finance should play a major role in the post 2015 development agenda. This is consistent with the post-Washington consensus on the role public institutions as being to leverage resources from the private sector and provide an enabling environment for investment. This paper examines proposals for the mobilisation of private finance for development in the post-2015 era. It then reviews emerging research on the nature of financialisation in the agri-food system, and how and why these processes and their effects have become obscured. The political challenges this presents are discussed, with particular reference to initiatives positioning agri-business investment as central to agricultural development in Sub Saharan Africa. It concludes that without scrutiny though a financialisation ‘lens’, international commitments on ‘finance for development’ could undermine the original vision of the sustainable development goals.

Original language	English
Pages	24-27
Number of pages	4
Volume	1
No.	3
Specialist publication	Development Finance Agenda
Publisher	Chartered Institute of Development Finance
Publication status	Published - 2016

Keywords

food security
FINANCIALISATION

Access to Document

http://www.globalcidef.com/images/defa_contents_iss3.pdf

RPF 2016/17: International development @York
Grugel, J. B., Altink, H. & White, P. C. L.
AHRC
1/08/16 → 31/07/17
Project: Other project › Other internal award

Cite this

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AB - There is an emerging consensus that private finance should play a major role in the post 2015 development agenda. This is consistent with the post-Washington consensus on the role public institutions as being to leverage resources from the private sector and provide an enabling environment for investment. This paper examines proposals for the mobilisation of private finance for development in the post-2015 era. It then reviews emerging research on the nature of financialisation in the agri-food system, and how and why these processes and their effects have become obscured. The political challenges this presents are discussed, with particular reference to initiatives positioning agri-business investment as central to agricultural development in Sub Saharan Africa. It concludes that without scrutiny though a financialisation ‘lens’, international commitments on ‘finance for development’ could undermine the original vision of the sustainable development goals.

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Private finance and the post-2015 development agenda

Abstract

Keywords

Access to Document

Projects

RPF 2016/17: International development @York

Cite this