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The political economy of innovative development financing : a case study of donor funded risk capital financing in South Africa
Includes bibliographical references
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| Main Author: | |
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| Other Authors: | |
| Format: | Thesis |
| Language: | English |
| Published: |
School of Economics
2016
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| _version_ | 1867613215589924864 |
|---|---|
| access_status_str | Open Access |
| author | Kühn Von Burgsdorff, Yanis Konstantin |
| author2 | Black, Anthony |
| author_browse | Black, Anthony Kühn Von Burgsdorff, Yanis Konstantin |
| author_facet | Black, Anthony Kühn Von Burgsdorff, Yanis Konstantin |
| author_sort | Kühn Von Burgsdorff, Yanis Konstantin |
| collection | Thesis |
| description | Includes bibliographical references |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/16689 |
| institution | University of Cape Town (South Africa) |
| language | eng |
| last_indexed | 2026-06-10T12:32:36.207Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2016 |
| publishDateRange | 2016 |
| publishDateSort | 2016 |
| publisher | School of Economics |
| publisherStr | School of Economics |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/16689 The political economy of innovative development financing : a case study of donor funded risk capital financing in South Africa Kühn Von Burgsdorff, Yanis Konstantin Black, Anthony Bhorat, Haroon Economics Includes bibliographical references This thesis sets out to evaluate whether innovative aid modalities have the ability provide more value for money than traditional aid modalities, and if so where? The aim of the research is to contribute to the literature on aid effectiveness and collective action which to date has largely ignored the emergence of innovative aid modalities. Making use of a case study evaluation the thesis demonstrates that innovative blending mechanisms have the ability to enhance the value for money of development assistance at various points, from initial mobilization to actual absorption. Here the thesis employed a reconstructed program theory to establish to what extent an innovative Risk Capital Facility funded by the European Union in South Africa provided more value than traditional aid delivery modalities. This involved testing both the process of channelling aid, as well as the results achieved. Although not a panacea to all problems of traditional aid, the results indicate that innovative aid modalities have the ability to translate into higher equilibrium allocations for the donor in terms of aid delivery. Hence from a political economy point of view, the ability of innovative blending to demonstrate value for money may help overcome some of the collective action problems with the traditional aid architecture. This primarily concerned insights into the ability of this innovative aid modality to address issues surrounding institutional turf fights, vested interests, and legitimacy concerns of aid. 2016-02-02T14:40:25Z 2016-02-02T14:40:25Z 2015 Doctoral Thesis Doctoral PhD http://hdl.handle.net/11427/16689 eng application/pdf School of Economics Faculty of Commerce University of Cape Town |
| spellingShingle | Economics Kühn Von Burgsdorff, Yanis Konstantin The political economy of innovative development financing : a case study of donor funded risk capital financing in South Africa |
| thesis_degree_str | Doctoral |
| title | The political economy of innovative development financing : a case study of donor funded risk capital financing in South Africa |
| title_full | The political economy of innovative development financing : a case study of donor funded risk capital financing in South Africa |
| title_fullStr | The political economy of innovative development financing : a case study of donor funded risk capital financing in South Africa |
| title_full_unstemmed | The political economy of innovative development financing : a case study of donor funded risk capital financing in South Africa |
| title_short | The political economy of innovative development financing : a case study of donor funded risk capital financing in South Africa |
| title_sort | political economy of innovative development financing a case study of donor funded risk capital financing in south africa |
| topic | Economics |
| url | http://hdl.handle.net/11427/16689 |
| work_keys_str_mv | AT kuhnvonburgsdorffyaniskonstantin thepoliticaleconomyofinnovativedevelopmentfinancingacasestudyofdonorfundedriskcapitalfinancinginsouthafrica AT kuhnvonburgsdorffyaniskonstantin politicaleconomyofinnovativedevelopmentfinancingacasestudyofdonorfundedriskcapitalfinancinginsouthafrica |