Financing Post-2015 Development Goals: Shaping a New Policy Framework for Aid in Liberia

Liberia, Africa\u27s oldest democracy, has made several efforts in becoming a developed economy and ending poverty, but these efforts have been hampered by lack of appropriate financing mechanisms to achieve this goal. The most recent challenge which was the purpose of this study was to understand how Liberia can finance and achieve the sustainable development goals adopted by the United Nations in September 2015. Despite substantial external aid, Liberia was only able to meet 3 out of the 8 Millennium Development Goals, and more than 60% of the population remain extremely poor. The main research question was to understand what policy shifts are need for Liberia to finance its post-2015 development goals. Using Kingdon\u27s multiple streams theory as the lens, a qualitative case study design was used to analyze literature, public reports, government reports, and the loosely-structured interviews of 15 purposefully-selected participants. The interview data were coded and categorized for thematic analysis. Results reveal that Liberia needs to make a policy shift in key areas including domestic resource mobilization, natural resource governance, combating corruption, strengthening the justice system, strengthening capacity for policy processes, and improving political leadership. The positive social change implication of this study includes recommendations for policymakers, the Ministry of Finance, and the donor community to strengthen domestic resource mobilization and undertake pro-poor tax reforms in order to reduce aid dependence, support Liberia\u27s long-term plan to eradicate extreme poverty and become a middle-income country by 2030