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Rebuilding War-Torn StatesThe Challenge of Post-Conflict Economic Reconstruction$
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Graciana del Castillo

Print publication date: 2008

Print ISBN-13: 9780199237739

Published to Oxford Scholarship Online: January 2009

DOI: 10.1093/acprof:oso/9780199237739.001.0001

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The multilateral framework for international assistance

The multilateral framework for international assistance

Chapter:
(p.51) 5 The multilateral framework for international assistance
Source:
Rebuilding War-Torn States
Author(s):

Graciana del Castillo

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199237739.003.0006

This chapter presents the large number of actors involved in post-conflict economic reconstruction and focuses on the key role played by the UN and the international financial institutions (IFIs). The chapter discusses the UN operational capacity, critically analyzes past reforms, and proposes institutional arrangements and expertise the UN lacks and which are essential to deal effectively with economic reconstruction. The chapter also discusses the policy advice and technical assistance provided by the Bretton Woods Institutions (the International Monetary Fund and the World Bank) to help post-conflict countries to set up their macro- and micro-economic framework and establish market-based policies and institutions. The chapter makes a critical evaluation of these institutions' role in financing reconstruction through their own institutional financial arrangements and through catalyzing financing from other donors. The chapter analyzes the relationship between the UN and the IFIs during reconstruction, as well as the cooperation and coordination among the UNDG.

Keywords:   multilateral framework, UN reform, international financial institutions, IFIs, Bretton Woods, IMF, World Bank, policy advice, financing arrangements, UN Development Group

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