Abstract
For the past two decades, the role of Russia in international development assistance has changed dramatically. While in late 1990s to early 2000s Russia was among the largest borrowers from international financial institutions, currently the country is in transition to becoming a donor. Since 2005 the total amount of Russia’s official development assistance has grown 12 times and reached US$1.2 billion a year. The country has clearly defined a state policy in supporting international development which is broadly followed in practice. The two key trends include (i) a switch from “traditional” multilateral support mechanisms like cooperation with the World Bank, UNDP, and so on to support new South-South international development instruments, namely the institutes established in cooperation with other BRICS countries and (ii) a growing share of bilateral assistance in the total of international development assistance. While both trends are likely to be long term, the effectiveness of Russia’s contribution to international development assistance, especially in bilateral programs, still largely depends on improving interagency coordination and building capacity in managing international aid inside the government.
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Notes
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Российско-Кыргызский Фонд Развития—О Нас [Russian-Kyrgyz Development Fund—about us]. Accessed August 15, 2017. Available at: http://www.rkdf.org/ru/o_nas.
- 2.
Евразийский банк развития—Главная: О банке: Цифры и факты [Eurasian Development Bank—Main page: About the Bank: Facts and Figures]. Accessed August 10, 2017. Available at: https://eabr.org/about/facts-and-figures/.
- 3.
Евразийский банк развития—Главная: Проекты [Eurasian Development Bank—Main page: Projects]. Accessed August 10, 2017. Available at: https://eabr.org/projects/efsr/?FUND=on.
- 4.
International Investment Bank—General Information. Accessed August 10, 2017. Available at: https://www.iib.int/en/about.
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In 2014, after the Crimea referendum and reunion with Russia, the WB suspended its lending program to Russia. Not a single new WB loan to Russia has been approved since the spring of 2014.
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Dobrolyubova, E. (2020). Russia’s Contribution to International Development Assistance. In: Jing, Y., Mendez, A., Zheng, Y. (eds) New Development Assistance. Governing China in the 21st Century. Palgrave Macmillan, Singapore. https://doi.org/10.1007/978-981-13-7232-2_8
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DOI: https://doi.org/10.1007/978-981-13-7232-2_8
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