About the Report

Global Development Finance 2005: Mobilizing Finances and Managing Volatility addresses two key challenges in development finance: first, how to raise resources flowing to low-income countries, which are heavily constrained in their access to market-based finance. Second, how to manage the vulnerability inherent in developing countries’ access to finance—vulnerability stemming from changes in the global macro environment, as well as from shifting donor priorities (affecting aid and concessional finance) and changing debt dynamics in developing countries.