Wikipedia
The concept of right-financing was coined by English political economist Dr. Peter Middlebrook to highlight the importance of adopting the appropriate policy, institutional and financial support mechanisms to maximize sustainable returns on both public and private investments over time. The term goes beyond the public sector restructuring concept of right-sizing in that it looks to assess the policy mandate and size of an institutional entity, its functions and their discharge, as well as the staffing structure and establishment with regard meeting investment and development objectives. Whilst originally applied to the security sector, its application as a conceptual framework brings governance, public and private investment finance principles to work towards an optimal financing framework for a given investment.
While originally used to refer to the fiscal vulnerabilities faced by fragile and post conflict states in establishing sustainable national security systems, the concept of right-financing is premised on the importance of adopting sound public finance management and public and private investment principles in support of overall economic effectiveness, efficiency and fiscal sustainability. Right-financing is therefore essentially about determining an acceptable supply of financing for government and private sector entities as they look to deliver higher-quality and more equitable services over time. Establishing the right policy, institutional, financing, debt and loan, revenue, fiscal, monetary and security decisions early on in the investment phase is therefore essential to establishing an effective economic growth policy, institutional and risk management framework.