Abstract

The present study analyzes the main trends and aspects of interaction between international financial organizations and civil society organizations. A central issue is financial support civil society organizations (CSOs) by international financial organizations (IFO). Financial sustainability is critically important for CSOs in case if they are going to become self-sustaining and effective organizations. Recently, there has been an increase of interest in studying of CSOs' excessive dependence on international funding as it makes civil society organizations vulnerable to changing donor priorities. In addition, CSOs cannot plan their own activities for the long term perspective. Furthermore, civil society organizations are less involved in the project development process. Over the last decade, CSOs face a number of external and internal problems that threaten their financial sustainability. However, international donors' approaches to partnering with civil society organizations can also indirectly affect the financial sustainability of CSOs. Unfortunately, this trend is due to the fact that financial support from international donors is often limited to capacity building, rather than considering structural changes or partnership approaches. The author, on the basis of statistical information and studies of international organizations, analyzed the financing mechanisms of civil society organizations by the World Bank Group. The article also examines the sectoral structure of projects and the regional structure of partners within the framework of the Global Partnership for Social Accountability (GPSA) as a fundamental financial mechanism of the World Bank. However, few investigations have focused on study the relationship between civil society organizations and the European Bank for Reconstruction and Development. In this paper, we summarized the practical experience of financing civil society organizations by the United States Agency for International Development (USAID). The author identified the main trends and regularities of the Facilitating Financial Sustainability program.

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