Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/229222 
Year of Publication: 
2019
Series/Report no.: 
WIDER Working Paper No. 2019/119
Publisher: 
The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki
Abstract: 
Most Organization for Economic Co-operation and Development countries have accepted, in principle at least, the 50-year-old commitment of contributing 0.7 per cent of gross national income to supporting the development of countries in the Global South. But what if all countries made a universal development commitment, meaning a scaled contribution? We propose a new universal and scaled financial commitment to development, informed by but not necessarily identical to official development assistance. This paper: (i) sets out how a new era is emerging of fewer very poor countries and higher global ambitions-for example, to end poverty; (ii) proposes a new way to raise and govern international public funds; (iii) discusses the possible size and use of contributions, and the evolution in global governance and democracy that a new deal would entail. We conclude with a set of questions that the proposal raises.
Subjects: 
Global
Global
Soziale Ungleichheit
Social inequality
JEL: 
I30
F35
Persistent Identifier of the first edition: 
ISBN: 
978-92-9256-755-2
Document Type: 
Working Paper

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