Development Cooperation in Times of Crisis

Jose Antonio Ocampo editor Jose Antonio Alonso editor

Format:Hardback

Publisher:Columbia University Press

Published:7th Aug '12

Currently unavailable, and unfortunately no date known when it will be back

Development Cooperation in Times of Crisis cover

This interesting and rich volume significantly adds to the ongoing debate over reforms in international aid and financial architectures. -- Rob Vos, director of the United Nations Department of Economic and Social Affairs

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, Jose Antonio Alonso and Jose 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.

This welcome volume provides a relevant and highly useful set of arguments on an issue that's at the top of the international agenda. -- Ricardo Ffrench-Davis, professor of international economics, Universidad de Chile A valuable contribution to the current editorial landscape. Academic Councel on the United Nations System

ISBN: 9780231159661

Dimensions: unknown

Weight: unknown

384 pages