Development Policies

Book by the South Centre, 2012

Financial Crisis and Global Imbalances: A Development Perspective

 

eg2 Akyuz book1

About the book: This book examines – from a standpoint of promoting stability and growth in developing countries – key policy lessons to be drawn from the devastating global economic crisis of 2008-09. In this collection of papers on the 2008-09 Great Recession and its implications, leading economist Yılmaz Akyüz underlines the need for economic restructuring along the above lines with a view to more effective crisis prevention and intervention. Given their vulnerability to shocks and limited capacity to respond, he says, this reform process is an endeavor in which developing economies have a crucial interest.

Author: Yılmaz Akyüz

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Policy Brief 25, May 2016

The Right to Development, Small Island Developing States and the SAMOA Pathway

In 2015, the United Nations community reached agreements on updating the financing for development mechanisms, Agenda 2030 and an updated climate change regime.  The SAMOA pathway is an important resource and an input to these efforts.  (more…)

Policy Brief 24, March 2016

Five Points on the Addis Ababa Action Agenda

The outcome of the Third International Financing for Development Conference held in Addis Ababa on 13-16 July 2015 exposes the waning state of multilateral development cooperation today.  In the outcome, which was nevertheless grandly called the “Addis Ababa Action Agenda” (AAAA), there were no new commitments and no proposed actions that can properly be deemed responsive either to (1) the flimsy state of international financing today or (2) the financing requirements of the UN’s new development agenda based on the 17 sustainable development goals (SDGs). (more…)

South Centre/ILO/IPD Brief, October 2015

 The Forthcoming Adjustment Shock

This policy brief is based on the working paper “The Decade of Adjustment: A Review of Austerity Trends 2010-2020 in 187 Countries” by Isabel Ortiz, Matthew Cummins, Jeronim Capaldo and Kalaivani Karunanethy, published by (more…)

South Centre/ILO/IPD Paper, October 2015

The Decade of Adjustment: A Review of Austerity Trends 2010-2020 in 187 Countries

By Isabel Ortiz, Matthew Cummins, Jeronim Capaldo, Kalaivani Karunanethy. Geneva: ILO, IPD Columbia University and the South Centre.

This paper: (i) examines the latest IMF government spending projections for 187 countries between 2005 and 2020; (ii) reviews 616 IMF country reports in 183 countries to identify the main adjustment measures considered by governments in both high-income and developing countries; (iii) applies the United Nations Global Policy Model to simulate (more…)

Research Paper 63, October 2015

Foreign Direct Investment, Investment Agreements and Economic Development: Myths and Realities

Foreign direct investment (FDI) is one of the most ambiguous and the least understood concepts in international economics. Common debate on FDI is confounded by several myths regarding its nature and impact on capital accumulation, technological progress, industrialization and growth. It is often portrayed as a long term, stable, cross-border flow of capital that adds to productive capacity, helps meet balance-of-payments shortfalls, transfers technology and management skills, and links domestic firms with wider global markets. However, none of these are intrinsic qualities of FDI. (more…)

Policy Brief 19, July 2015

Financing for Development Conference 2015: A View from the South

On 19 July 2014 the Open Working Group on Sustainable Development Goals (SDGs) of the United Nations agreed on a draft of a set of 17 Sustainable Development Goals, taking the first steps toward a renewed development agenda for after 2015. The effort to agree on the SDGs was the follow up to the Millennium Development Goals (MDGs), whose end-date is 2015. Aside from the 17 specific goals, the draft SDGs included 169 associated targets. (more…)

Research Paper 57, November 2014

Globalization, Export-Led Growth and Inequality: The East Asian Story

Over the last three decades, several East Asian economies have grown by leaps and bounds. The success of their export-led growth model is regarded, and copied, by many emerging economies as a sure path to achieve high-income status. But with impressive growth came worsening inequality both in personal income and functional income distribution. (more…)

Statement, 3-5 November 2014

South Centre Statement at 2nd UN Conference on LLDCs

The attached is a Statement by the South Centre at Second UN Conference on Landlocked Developing Countries. (more…)

Research Paper 51, July 2014

Obstacles to Development in the Global Economic System

I. Obstacles to Development Arising from the International System

As the international community wades into the political discussions regarding the alternatives to the Millennium Development Goals (MDGs) after 2015 and the design of the Sustainable Development Goals (SDGs) as mandated by the Rio+20 conference, it is timely to consider the question of whether development is a matter mostly of individual effort on the part of nation-states or whether there are elements in the international economic system that could serve as significant obstacles to national development efforts.  (more…)

Analytical Note, November 2013

WTO’s MC9: Analysis of the Text on the Monitoring Mechanism

The text on the Monitoring Mechanism (JOB/TNC/34) which has been transmitted from Geneva to the Bali Ministerial is extremely disappointing. (more…)

Research Paper 38, May 2011

The MDGs beyond 2015.

The Millennium Development Goals (MDGs) are in the news. It is ten years since these were adopted by the United Nations. And, in late September 2010, political leaders from across the world gathered in New York for a meeting of the General Assembly to discuss the past decade and the next quinquennium. This is the life span of the MDGs which are the focus of attention among people for different reasons. (more…)

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