001432062 000__ 04275cam\a2200517\i\4500 001432062 001__ 1432062 001432062 003__ OCoLC 001432062 005__ 20230309003421.0 001432062 006__ m\\\\\o\\d\\\\\\\\ 001432062 007__ cr\un\nnnunnun 001432062 008__ 201002s2021\\\\sz\\\\\\ob\\\\001\0\eng\d 001432062 019__ $$a1201562113$$a1202448601$$a1202459743 001432062 020__ $$a9783030550080$$q(electronic bk.) 001432062 020__ $$a3030550087$$q(electronic bk.) 001432062 020__ $$z3030550079 001432062 020__ $$z9783030550073 001432062 0247_ $$a10.1007/978-3-030-55008-0$$2doi 001432062 035__ $$aSP(OCoLC)1198558320 001432062 040__ $$aYDX$$beng$$epn$$cYDX$$dN$T$$dOCLCF$$dYDXIT$$dUKAHL$$dGW5XE$$dFIE$$dUKMGB$$dEBLCP$$dOCLCO$$dOCLCQ 001432062 043__ $$ae-gx--- 001432062 049__ $$aISEA 001432062 050_4 $$aHG5492$$b.V65 2020 001432062 08204 $$a332.60943$$223 001432062 1001_ $$aVolberding, Peter. 001432062 24510 $$aLeveraging financial markets for development :$$bhow KfW revolutionized development finance /$$cPeter Volberding. 001432062 264_1 $$aCham :$$bPalgrave Macmillan,$$c2021. 001432062 300__ $$a1 online resource 001432062 336__ $$atext$$btxt$$2rdacontent 001432062 337__ $$acomputer$$bc$$2rdamedia 001432062 338__ $$aonline resource$$bcr$$2rdacarrier 001432062 4901_ $$aExecutive Politics and Governance 001432062 504__ $$aIncludes bibliographical references and index. 001432062 5050_ $$aChapter 1. The Marketization of Development Finance -- Chapter 2. 1950-1970: The World Bank, DFCs, and the Foundations of Private Investment Mobilization -- Chapter 3. 1970 to 1990: Development Finance in Crisis and the Search for a New Paradigm -- Chapter 4. KfW and the Early Stages of Marketized Development Financial Instruments. Chapter 5. Chapter 5: The Maturation of Marketized Development Financial Instruments: Microfinance and Structured Funds -- Chapter 6. The Scaling-Up of Marketized Development Financial Instruments from 2005 to 2017 -- Chapter 7. Conclusion and Future Directions. 001432062 506__ $$aAccess limited to authorized users. 001432062 520__ $$a"This is an excellent book on an increasingly important topic, and proves a valuable resource for academics, students, and policy-makers." --Stephany Griffith-Jones, Professor, Columbia University, USA "Peter Volberding addresses a long-standing issue of delivering effective financing for sustainable economic development. He does not simply provide the origin, evolution and challenges of marketized development financial instruments, he goes beyond!" --Désiré Kanga, Centre for Global Finance, SOAS University of London, UK "Peter Volberding's engaging account documents the actors and institutions--notably, the German state-owned KfW--that made this revolutionary change possible." --Beth Simmons, Professor, University of Pennsylvania, USA This book investigates how development institutions created and promoted marketized development financial instruments to increase the speed and scope of assistance by leveraging private financial markets for development objectives. To attract private investors, donor governments agreed to bear the risk in these new instruments in order to mobilize investment during times of political crisis. In particular, this book contends that Germany's KfW played an outsized role in the development of these new financial instruments, particularly in microfinance banks and structured funds, as KfW's unique institutional attributes and strong political support from the German government at critical junctures fostered financial innovation. Using over 70 interviews and a cache of newly released archival materials, this book documents how KfW and other development institutions created and promoted these marketized development financial instruments, and how they have become a pillar of modern development policy. Peter Volberding received his PhD from the Government Department at Harvard University, USA.--$$cProvided by publisher. 001432062 588__ $$aDescription based on print version record. 001432062 650_0 $$aFinancial instruments$$zGermany. 001432062 655_0 $$aElectronic books. 001432062 77608 $$iPrint version:$$z3030550079$$z9783030550073$$w(OCoLC)1161368999 001432062 830_0 $$aExecutive politics and governance. 001432062 852__ $$bebk 001432062 85640 $$3Springer Nature$$uhttps://univsouthin.idm.oclc.org/login?url=https://link.springer.com/10.1007/978-3-030-55008-0$$zOnline Access$$91397441.1 001432062 909CO $$ooai:library.usi.edu:1432062$$pGLOBAL_SET 001432062 980__ $$aBIB 001432062 980__ $$aEBOOK 001432062 982__ $$aEbook 001432062 983__ $$aOnline 001432062 994__ $$a92$$bISE