Abstract
One of the roles of official development assistance is to promote the delivery of public goods not provided by the market or by recipient governments in the absence of such assistance. This includes the provision of international public goods (IPGs), a challenge that has attracted growing attention in recent years. The case for IPGs, separable into global and regional public goods, arises from the collective action problems and strong externalities that are associated with such transnational challenges as financial contagion, the spread of communicable diseases, or the degradation of shared natural resources. Transnational development challenges—and the hard edges of globalization—are becoming more visible as countries become more interdependent and are more actively pursuing integration.
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