1887

OECD Development Co-operation Working Papers

OECD Development Co-operation Working Papers cover work on understanding aid flows, strengthening aid delivery and improving development policy. Topics include, among others, aid statistics and architecture, aid effectiveness, capacity development, development co-operation systems and management, evaluation of development programmes, as well as the relationship between development and trade, conflict and fragility, environment, gender equality, governance and poverty reduction.

Anglais

The role of guarantees in blended finance

The coronavirus (COVID-19) crisis provides a new context for donors to assess the relevance of guarantees in addressing challenges linked with a sustainable recovery. The paper argues there may be significant scope for more and better use of guarantees to build back better in response to the crisis. The paper also discusses how guarantees can promote more investment particularly in underdeveloped and underserved markets, such as least developed countries (LDCs).

Anglais

Mots-clés: LDC, Development finance, Covid-19, Development cooperation, Guarantees, Blended finance
JEL: O10: Economic Development, Innovation, Technological Change, and Growth / Economic Development / Economic Development: General
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