Making the Right Money Available at the Right Time for International Cooperation
New Financing Technologies
This chapter examines the application of new financial technologies in order to ensure the availability of the right money at the right time for international cooperation. It describes the lessons that can be learned from the experiences of governments that have attempted to resolve resource constraints nationally. These lessons include the importance of institutional innovation in successfully adopting and implementing financial innovation, and the creation of special-purpose facilities to address particular challenges posed by financing innovation.
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