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Sovereign Debt and Human Rights$
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Ilias Bantekas and Cephas Lumina

Print publication date: 2018

Print ISBN-13: 9780198810445

Published to Oxford Scholarship Online: January 2019

DOI: 10.1093/oso/9780198810445.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 07 December 2021

Sustainable Financing through Domestic Resource Mobilization (DRM)

Sustainable Financing through Domestic Resource Mobilization (DRM)

The Role of International Law

Chapter:
(p.514) 27 Sustainable Financing through Domestic Resource Mobilization (DRM)
Source:
Sovereign Debt and Human Rights
Author(s):

Francesco Seatzu

Publisher:
Oxford University Press
DOI:10.1093/oso/9780198810445.003.0028

Domestic resource mobilization (DRM) has assumed increasing significance as a form of financing for sustainable development and economic growth in Africa. This chapter explores the present and future roles of international law concerning the regulation of this form of financing for sustainable development and economic growth in Africa, as well as the main obstacles and challenges of mobilising DRM in African developing and less developed countries. While there is a wide array of questions and issues related to this form of financing for development that international conferences and summits, in particular the Monterrey Consensus on Financing for Development and the Addis Ababa Agenda for Action, have addressed in various forms and with different emphasis and results, the chapter focuses exclusively on some substantial issues, such as the use of DRM for the financing of the new Sustainable Development Goals and the relationship between DRM and poverty alleviation actions and strategies.

Keywords:   Domestic resource mobilization, sustainable development goals, peace and security, official development assistance, poverty alleviation, human rights-based approach

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