Financializations of Development brings together cutting-edge
perspectives on socio-political, socio-historical and institutional
analyses of the evolving multiple and intertwined financialization
processes of developmental institutions, programs and policies.
In recent years, the development landscape has seen a radical
transformation in the partaking actors, which have moved beyond just
multilateral or bilateral public development banks and aid agencies. The
issue of financing for sustainable development is now at the top of the
agenda for multilateral development actors. Increasingly, development
institutions aim to include private actors and to lever in private money
to support development projects. Drawing on case studies conducted in
Africa, Asia, Europe and Latin America, this book examines the ways in
which these private finance actors are enrolled and associated with the
conception and implementation of development policies. Beginning with a
focus on global actors and private foundations, this book considers the
ways in which development funding is raised, managed and distributed, as
well as debates at the center of global forums where financialized
policies and solutions for development are conceived or discussed. The
book assembles empirical research on development programs and
demonstrates the social consequences of the financializations of
development to the people on the ground.
Highlighting the plurality of processes and outcomes of modern-day
relations, tools, actors and practices in financing development around
the world, this book is key reading for advanced students, researchers
and practitioners in all areas of finance, development and
sustainability.
