Finnovation

Financing Global Initiatives

By Ani Vallabhaneni

Problems such as disease are transnational. Epidemics of cholera do not stop at the political boundaries between countries. Several multilateral organizations and NGOs are making significant strides in addressing these global issues. Consequently, financing of such initiatives has also shifted from the purview of individual governments to independent organizations.

The Economist reviews new ideas for raising money for global health in a new article, A Spoonful of Ingenuity.

We will be discussing these initiatives in detail during our class on February 22, 2010 with Dilip Ratha, Lead Economist at the World Bank and author of Innovative Financing for Development.

)