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  • FINANCING OF PROJECTS OF CI...
    Levchenko, Anhelina

    Economics & Education, 05/2021, Letnik: 6, Številka: 1
    Journal Article

    In today’s world, each country has its own methods of financing civil society organisations (CSOs) and the peculiarities of the distribution of the financial burden between the state, private organisations, and donor funds of international financial institutions. Regulatory and institutional mechanisms of both national and global civil society organisations directly affect the funding potential of the state and its people. In addition, the state also plays an important role both in financing transnational activities and in facilitating or hindering the inflow of funds through the establishment of various tax regimes. In view of this, the study of CSOs funding by donor funds of international financial institutions (IFIs) is appropriate because civil society organisations are a necessary precondition for the establishment of a democratic world order. The article is devoted to the study of the main trends and aspects of interaction between international financial institutions and civil society organisations in terms of financial support of the latter. The author analyses the mechanisms of financing civil society organisations by the World Bank Group based on statistical information and research of international institutions. The article also examines the sectoral structure of projects and the regional structure of partners in the framework of the Global Partnership for Social Accountability (GPSA) as a fundamental financial mechanism of the World Bank. The author outlines the relationship between civil society organisations and the European Bank for Reconstruction and Development. The purpose of the article is to study and analyse the financial mechanisms of the World Bank as the main donor for the financial support of civil society organisations. Methodology. This study is based on the use of the methodological principle of unity of theory and practice. The methodological basis of the article includes the methods of quantitative and qualitative comparisons, analysis and synthesis, and systems-structural analysis.