New Developments in Philanthropy: How Private Foundations Are Changing International Development
International Trade Forum › Num. 4, Octobre 2009
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Résumé
In recent decades a broad range of non-state actors ranging from multinational firms to non-governmental organizations have become key players in development finance alongside more traditional players such as official aid agencies and multilateral institutions. More recently they have been joined by a host of interested parties including social entrepreneurs, former politicians and celebrities, who have used their profile to raise awareness and leverage resources for international aid in developing countries. It was in the 1990s that the development-driven public-private partnership (PPP) modality gained traction and has since become the preferred instrument of development policy-makers in fields such as global health and, more recently, agriculture. The popularity and perceived utility of PPPs can be attributed to a convergence of political and economic factors. Partnerships financed by private foundations have sparked renewed interest in the role of private philanthropy in international development.
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New Developments in Philanthropy: How Private Foundations Are Changing International Development
Underpmnmg these changes has been widespread recognition that the private sector can contribute to development by moving beyond its core role as an engine of economic growth through corporate social investment. Perhaps the most noteworthy aspect of the emerging aid consensus has been increased collaboration between sectors through development-driven public-pr...
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