Development Cooperation in Times of Crisis

José Antonio Alonso · José Antonio Ocampo

Jul 2012 · Columbia University Press

Ebook

384

Pages

Tools

Eligible

About this ebook

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.

Discover more

About the author

José Antonio Alonso is director of the Complutense Institute for International Studies (ICEI) and professor of applied economics at the Universidad Complutense of Madrid. He is a member of the Committee for Development Policy at the United Nation's Economic and Social Council (ECOSOC) and the editor of Principios: Estudios de Economía Política. His most recent books are Acción Colectiva y Desarrollo: el Papel de las Instituciones, coauthored with Carlos Garcimartín, and Corrupción, Cohesión Social y Desarrollo, coedited with Carlos Mulas-Granados.

José Antonio Ocampo is professor in the School of International and Public Affairs and fellow of the Committee on Global Thought at Columbia University. He has been a member of the United Nations Commission of Experts on Reforms of the International Monetary and Financial System and has served as Under-Secretary-General of the United Nations for Economic and Social Affairs, Executive Secretary of the United Nations Economic Commission for Latin America and the Caribbean, and Minister of Finance, Agriculture, and Planning for Colombia. His most recent books are Handbook of Latin American Economics, coedited with Jaime Ros, and Time for a Visible Hand: Lessons from the 2008 World Financial Crisis, coedited with Stephany Griffith-Jones and Joseph E. Stiglitz.

Rate this ebook

Tell us what you think.

Reading information

Smartphones and tablets

Install the Google Play Books app for Android and iPad/iPhone. It syncs automatically with your account and allows you to read online or offline wherever you are.

Laptops and computers

You can listen to audiobooks purchased on Google Play using your computer's web browser.

eReaders and other devices

To read on e-ink devices like Kobo eReaders, you'll need to download a file and transfer it to your device. Follow the detailed Help Center instructions to transfer the files to supported eReaders.

Flag as inappropriate