2 edition of Output-based aid found in the catalog.
Includes bibliographical references and index.
|Statement||Yogita Mumssen, Lars Johannes, Geeta Kumar.|
|Contributions||Johannes, Lars, 1976-, Kumar, Geeta, 1977-, World Bank.|
|LC Classifications||HJ9695 .M88 2010|
|The Physical Object|
|ISBN 10||9780821381885, 9780821381892|
|LC Control Number||2009052112|
The bidding operators were also aware of the risk associated with the Output-based aid book, since they would only receive funding if certain outcomes had been met. The aim of these instruments is to enhance the effectiveness of public funding. This is driven primarily by the rapidly growing population and the need to adopt for more effective-and expensive-health technologies and service standards to combat the high disease burden. Chapter two provides an overview of where OBA approaches are being implemented as well as a description of the various applications of OBA: one-off, transitional, or ongoing subsidies.
In Stock Overview Developing country governments and the development aid community are acutely aware of the need to find more effective ways to improve basic living conditions for the poor, as traditional Output-based aid book of Output-based aid book public support have not always led to the results intended. Additionally, if this whole debate relates mostly to microcredit, the crucial importance for the poor of other financial services such as microsavings and microinsurance should be emphasised click here to read a former post on microinsurance. Smaller service providers, however, often have limited credit history, collateral, and capacity, so they find it more difficult to access the finance they need. Therefore, when the PPP revenues are denominated in local currency, debt should be provided by local lenders unless the currency of a country is a supranational currency, as in the case of the Euro. In such schemes, it is the provider who bears the risk of loss, rather than the aid donor, and output-based schemes allow for the tracking of results because of the way they function.
The regulatory and institutional mechanisms of the market are almost non-existent in Output-based aid book nations where OBA is used, and this does not allow domestic firms to compete on level ground with foreign firms. When none of these strategies is workable or available, or the government does not find it efficient to assume such risks, some subsidiary strategies may be assumed. The CMEF members suggested various ideas for consideration, including factoring of receivables and securitization of expected output-based payments. Subsidies from a donor will generally serve to complement or reduce user fees.
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The Output-based aid book is usually the World Bank, a government or an international organization or philanthropist that is part of the OBA scheme. Exibir menos - Detalhes. For instance, in OBA projects with large private or public-private partnership arrangements making extensions from an existing network, the providers have tended to fund their OBA operations from their own working capital or arranged own bank financing.
Chapter two provides an overview of where OBA approaches are being implemented as well as a description of the various applications of OBA: one-off, transitional, or ongoing subsidies. This is in addition to other support-like guarantees or direct letters section 7.
A Guide to Competitive Vouchers in Health. In response, it has been criticized for ignoring the many dimensions of poverty and not defining well how the "poor" would benefit from market interventions.
Results-based financing RBF is an Output-based aid book term that includes output-based aid, provider payment incentives, performance-based interfiscal transfers, and conditional cash transfers. A modest and realistic approach, Output-based aid book the PPP strategy of the government to the market restrictions and budgetary capacity of the country, has Output-based aid book implemented by some countries a notable example being Bangladesh .
The fiercest supporters of aid to developing countries would undoubtedly concur in striving to implement the most efficient programmes possible. In Stock Output-based aid book Developing country governments and the development aid community are acutely aware of the need to find more effective ways to improve basic living conditions for the poor, as traditional approaches of delivering public support have not always led to the results intended.
Probably more time than the 18 months allocated to these research studies. They will be unable to sustain themselves until Output-based aid book get a subsidy for their performance. As the first comprehensive review of OBA in eight years, this book will be an essential reference for infrastructure and social services sector experts and OBA practitioners around the world-including staff of international financial institutions, public and private service providers, and NGOs-as well as for donors and governments who are interested in piloting or scaling up and mainstreaming OBA approaches.
In this toll road project in Nigeria, awarded inthe AfDB provided a significant portion of the debt in hard currency US dollars and helped to provide, with the commercial MLA, a swap that mitigated the currency risk of the concessionaire.
Concentrate or restrict PPPs in general to those without private finance, so as to gain knowledge and maturity in managing the PPP model. Traditional approaches to delivering public support have not always led to the results intended. Otherwise the project will be affected by one of the more severe and difficult to manage risks, that is foreign exchange risk if the project is financed using a foreign currency and there is a devaluation of the local currency, this results in an increase in the amount of debt in local currency terms, which has to be repaid from the devalued revenues.
Results-based financing instruments are now recognized as one important piece of the aid-delivery puzzle. Voucher theft or counterfeiting could be a serious issue for OBA projects. Confiscation, nationalization or expropriation are considered events included in political risks. Who then is to judge whether this constitutes empowerment, and over what time period?
For example, political risks are assumed by the insurance industry to include risk of war, general riots and transferability or convertibility of the currency. In order to bring about some significant and long-lasting impact on individuals and communities microfinance services should be delivered alongside other services relating to education, training, capacity building, etc.
Decrease the size of the private finance package significantly, accepting that the government will have to directly finance a significant portion of the project capital expenditure or do so indirectly through a public loan.
Governments should be aware that assuming foreign exchange risk may significantly increase their liabilities and should incorporate this risk in the VfM analysis. Improved living standards also build up on the relief and empowerment stemming from feeling better protected against very different kinds of potential risks.
Similarly, the notion of empowerment, which has been given so much prominence in relation to microfinance, appears as a tricky one in terms of assessment according to Johnson.
Performance risk is shifted to the providers in OBA schemes since they are accountable for what they deliver. See Less - Details.
The first is by creating transparency since the Output-based aid book and receiver of any subsidy will be known to each other and the public. Microfinance, and specifically microcredit, its emblematic spearhead, is widely deemed as durably moving people out of poverty, empowering individuals and noticeably women, and ultimately triggering economic growth as well as Output-based aid book health and education levels.
At the highest degree, in government-pays PPPs, this is done by denominating the payment in a hard currency for example, in some projects in Output-based aid book or, more commonly, by providing protection to the debt rather than including the equity in the form of direct guarantees to the lenders.
The ultimate aim is to increase the effectiveness of scarce public resources for the provision of basic services.Output-Based Aid and Sustainable Sanitation November INTRODUCTION Sanitation (i.e., the safe and sustainable management of human waste) is highly beneficial to communities as a whole with important public benefits in terms of health and the environment.
Public financing is an important way to stimulate the provision. The World's most comprehensive professionally edited abbreviations and acronyms database All trademarks/service marks referenced on this site are properties of their respective owners.
Nov 09, · Members of the Council of Microfinance Equity Funds (CMEF) and World Bank staff met on October 29 in Washington, DC to launch a consultative process on access to finance and output-based aid.
The meeting was convened by the Global Partnership on .Sep 06, · The LOST TEMPLE Mount- the REAL Pdf of Solomon's Temple in the City of David, Jerusalem - Duration: Yahweh's Restoration Ministry Recommended for you.Nov 09, · Members of the Council of Microfinance Equity Funds (CMEF) and World Bank staff met on October 29 in Washington, DC to launch a consultative process on access to finance and output-based aid.
The meeting was convened by the Global Partnership on .Contracting for Public Services: Output-based Aid and Its Applications [Penelope J. Brook, Suzanne M. Smith] ebook galisend.com *FREE* shipping on qualifying offers. 'Contracting for Public Services', by the World Bank's Private Sector Advisory Services, outlines an innovative approach to delivering development assistance for public basic services such as potable water.