IDEAS home Printed from https://ideas.repec.org/a/sae/prodev/v2y2002i2p153-160.html
   My bibliography  Save this article

Financing Sustainable Development: Crises of Legitimacy

Author

Listed:
  • Adil Najam

    (Department of International Relations, Boston University, Boston, USA, anajam@bu.edu)

Abstract

This year presents us with two important opportunities to influence the direction of sustainable development financing - the UN Summit on Financing for Development and the World Summit on Sustainable Development. We may ultimately remember both as missed opportunities. We need to take a fresh look at the entire system of financing for development and reorient it towards a sustainable development orientation. This requires focusing on questions of legitimacy, accountability and capacity. Such action would challenge the now entrenched orientation of the regime as a ‘financing’ regime. It will require a re-examination of the institutions that are entrusted with the agenda and will find nearly all lacking in necessary capacities. An expanded institutional framework that incorporates intermediary and local non-government organizations (NGOs) would be absolutely critical. Finally, institutions (at all levels) will need to be invested in with a different set of performance metrics; measures which gauge the ability of institutions to deliver on their developmental goals, rather than focus only on financial accounting.

Suggested Citation

  • Adil Najam, 2002. "Financing Sustainable Development: Crises of Legitimacy," Progress in Development Studies, , vol. 2(2), pages 153-160, April.
    • Handle: RePEc:sae:prodev:v:2:y:2002:i:2:p:153-160
    DOI: 10.1191/1464993402ps036xx
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1191/1464993402ps036xx
    Download Restriction: no
    File URL: https://libkey.io/10.1191/1464993402ps036xx?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:prodev:v:2:y:2002:i:2:p:153-160. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.