Development finance is a branch of development studies that deals with financing of economic and social development. It typically involves of both the mobilisation and dispersion of domestic and international sources of fiance. At the international level Foreign Aid, in particular Official Development Assistance (ODA), Development aid and charitable and philanthropic contributions, and Foreign Direct Investment (FDI), and flows of remittances from overseas workers are looked at. Domestically both the traditional banking sector and the less formal sectors are investigated as is Microfinance. The activities and role of Development finance institutions (DFIs) both national and international ones form a large part of the subject matter analysed. [1] [2] [3] [4]
Tony Atkinson (2004), concentrating on looking for new sources of funding development, lists the following: [5]
Saldinger (2017) has provided a useful glossary of development finance terminology. The terms include:
Other topics that are typically looked at include: Financial repression and financial liberalisation; the Political economy of development finance; Financial crises and development; Financing Small and medium enterprises in developing countries [7]
There are several academic journals devoted to its study. These include: