Abstract/Summary
- Southeast Asia exhibits varied developmental progress, meaning Official Development Finance (ODF) remains essential for closing key infrastructure and development gaps.
- The focus of development aid has evolved from its historical geopolitical origins to a modern emphasis on poverty reduction, governance, and inclusive economic growth.
- Today's development finance landscape is a complex mix of traditional donors, multilateral banks, emerging partners, and growing South-South cooperation within the region.
- While infrastructure commands the largest share of funding, climate finance is rapidly emerging as a significant and critical priority.
- Aid effectiveness hinges on both recipient-country capacity and the alignment of donor efforts with national development strategies.
- The future direction for development finance will depend on domestic resource mobilisation, blended finance models to engage private capital, and broad collaborative partnerships.
The book is available at the publisher's website: https://www.routledge.com/The-Far-East--Australasia-2026/Publications/p/book/9781041058175
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