Development Cooperation in Times of Crisis / / ed. by José Antonio Ocampo, José Antonio Alonso.

Leading governments undertook extraordinary measures to offset the 2008 economic crisis, shoring up financial institutions, stimulating demand to reverse recession, and rebalancing budgets to alleviate sovereign debt. While productive in and of themselves, these solutions were effective because they...

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Superior document:Title is part of eBook package: De Gruyter Columbia University Press eBook-Package Backlist 2000-2013
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Place / Publishing House:New York, NY : : Columbia University Press, , [2012]
©2012
Year of Publication:2012
Language:English
Series:Initiative for Policy Dialogue at Columbia: Challenges in Development and Globalization
Online Access:
Physical Description:1 online resource (384 p.)
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Other title:Frontmatter --
Contents --
1. Introduction --
2. The Great Recession and the Developing World --
3. The International Financial Architecture Seen through the Lens of the Crisis: Some Achievements and Numerous Challenges --
4. The Economic Crisis and the International Aid --
5. Aid, Institutional Quality, and Taxation: Some Challenges for the International Cooperation System --
6. The New Face of Development Cooperation: The Role of South-South Cooperation and Corporate Social Responsibility --
7. Governance of the Aid System and the Role of the Europe an Union --
Contributors --
Index --
Backmatter
Summary:Leading governments undertook extraordinary measures to offset the 2008 economic crisis, shoring up financial institutions, stimulating demand to reverse recession, and rebalancing budgets to alleviate sovereign debt. While productive in and of themselves, these solutions were effective because they were coordinated internationally and were matched with sweeping global financial reforms. Unfortunately, coordination has weakened after these initial steps, indicating one of the crisis's adverse effects will be a significant reduction in development cooperation.Urging advanced nations to improve their support for development, the contributors to this volume revisit the causes of the 2008 collapse and the ongoing effects of recession on global and developing economies. They reevaluate the international response to crisis and suggest more effective approaches to development cooperation. Experts on international aid join together to redesign the cooperation system and its governance, so it can accept new actors and better achieve the Millennial Development Goals of 2015 within the context of severe global crisis. In their introduction, José Antonio Alonso and José Antonio Ocampo summarize different chapters and the implications of their analyses, concluding with a frank assessment of global economic imbalance and the ability of increased cooperation to rectify these inequalities.
Format:Mode of access: Internet via World Wide Web.
ISBN:9780231504393
9783110442472
DOI:10.7312/alon15966
Access:restricted access
Hierarchical level:Monograph
Statement of Responsibility: ed. by José Antonio Ocampo, José Antonio Alonso.