Rationalization and harmonization of ECA-sponsored institutions : phase II

Abstract

The important aspect of the document is the fifth part which analyzes the issue of income-generating activities and makes proposals aimed at strengthening the financial base of the ECA-sponsored institutions through both revenue-generating activities and external resource mobilization efforts. The objectives of these proposals are, basically, to diversify resources to help implement substantive programmes and thereby lessen the financial commitments of member States to these programmes and to contribute to the fulfillment of the objectives of the institutions. The sixth section of the document makes a comparative analysis of the different options for the assessment of the financial contributions of member States pointing out their advantages and disadvantages in the light of which one option emerges as a plausible standard for general application by ECA-sponsored institutions, while the seventh and last part of the document sets forth guidelines for the selection of host countries.