Development cooperation in times of crisis [[electronic resource] /] / edited by José Antonio Alonso and José Antonio Ocampo

• Record Nr.: UNINA9910455004503321
• Pubbl/distr/stampa: New York, : Columbia University Press, c2012
• ISBN: 1-322-53789-5; 0-231-50439-X
• Descrizione fisica: 1 online resource (385 p.)
• Collana: The Initiative for Policy Dialogue at Columbia
• Altri autori (Persone): AlonsoJosé Antonio; OcampoJosé Antonio
• Disciplina: 338.9109172/4
• Soggetti: Economic assistance - International cooperation; Economic development - International cooperation; Sustainable development - International cooperation; Economic assistance - Developing countries; Economic development - Developing countries; Electronic books.
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: Frontmatter -- Contents -- 1. Introduction / Alonso, José Antonio / Ocampo, José Antonio -- 2. The Great Recession and the Developing World / Ocampo, José Antonio / Griffith-Jones, Stephany / Noman, Akbar / Ortiz, Ariane / Vallejo, Juliana / Tyson, Judith -- 3. The International Financial Architecture Seen through the Lens of the Crisis: Some Achievements and Numerous Challenges / Griffith-Jones, Stephany / Ocampo, José Antonio -- 4. The Economic Crisis and the International Aid / Mold, Andrew / Prizzon, Annalisa -- 5. Aid, Institutional Quality, and Taxation: Some Challenges for the International Cooperation System / Alonso, José Antonio / Garcimartín, Carlos / Martín, Víctor -- 6. The New Face of Development Cooperation: The Role of South-South Cooperation and Corporate Social Responsibility / Sagasti, Francisco / Prada, Fernando -- 7. Governance of the Aid System and the Role of the Europe an Union / Barder, Owen / Gavas, Mikaela / Maxwell, Simon / Johnson, Deborah -- Contributors -- Index -- Backmatter
• Sommario/riassunto: 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.