The Integrative Model of Managing Social Funds for Development with Special Reference to the Critical Issues of Dependency Syndrome, National Sovereignty Goal Congruity and Sustainability

IsHak, Samir T.

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JOURNAL OF APPLIED BUSINESS AND ECONOMICS

The Integrative Model of Managing Social Funds for Development with Special

Reference to the Critical Issues of Dependency Syndrome, National Sovereignty

Goal Congruity and Sustainability

Author(s): Samir T. IsHak

Citation: Samir T. IsHak, (2010) "The Integrative Model of Managing Social Funds for Development with Special Reference to the Critical Issues of Dependency Syndrome, National Sovereignty Goal Congruity and Sustainability," Journal of Applied Business and Economics, Vol. 11, Iss. 3, pp. 75 - 90

Article Type: Research paper

Publisher: North American Business Press

Abstract:

The primary issue raised in this paper is to assess the validity of the administrative model which dominated the management of the institution, its espoused objectives, structural design, functional configurations, external and internal stakeholders, accountability mechanisms, strategies and their implementation, and the integration of these components in an integrative modality. In addition the research highlights the outstanding critical issues including those related to sovereignty of national governments, dependency on a multitude of foreign national and international entities, goal congruity among competing stakeholders, and the potential sustainability of such a seemingly permanent institution of a unique mission with hybrid structural configurations. The conclusion of this research is an affirmation that, conceptually and practically, Social Funds for Development are valid examples of the success of using an integrative approach to solve endemic economic and social problems. These endeavors are achieved by combining the finances and expertise of national, international, private, public, governmental and non governmental agencies in hybrid forms managing that transcend traditional academic disciplinary boundaries, political frontiers and international alliances. It is what Elinor Ostrom, the 2009 Nobel Prize winner in Economics, labeled “the third sector and the management of publicly pooled resources”. The research has relevance to international and national policy makers, managerial gurus, economic planners, developmental theoreticians and social transformational agents.