Development finance has changed substantially over the past decade. Private finance has replaced aid at the centre of global and national development initiatives, for both governments and international bodies. Development finance institutions (DFIs) have become some of the most important players in today’s development arena.
This report covers the main findings of Eurodad’s programme of research on DFIs, which has produced four major reports over two years. We have examined the way DFIs work with the private sector and explored the problems that they must tackle. We question whether they are the right institutions to hold such a dominant position in development finance and make concrete recommendations for reform.
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