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. If there are obstacles in the international economic system, it is important that the post-2015 development agenda and the SDGs address the question of the elimination or the reduction of these obstacles.
This article was tagged: Capital Flows, Commodities, Domestic Regulation, Financial Crisis, Group of 20 (G-20), Investment Agreement, Least Developed Countries (LDCs), Millenium Development Goals (MDGs), South-South Cooperation, Sustainable Development, Sustainable Development Goals (SDGs)