Development Finance Through ODA: Trends, Projections, Financing Gaps and Challenges
In book: The Millennium Development Goals: Raising the Resources to Tackle World Poverty, Chapter: 2. Development Finance through ODA: Trends, Projections, Financing Gaps and Challenges, Publisher: Zed Press, Editors: F. Cheru, C. Bradford Jr, 2006
Posted: 21 Nov 2014
Date Written: 2005
How can the Millennium Development Goals (MDGs) be made a reality by 2015? If the MDGs are to halve global poverty and significantly improve conditions for the world's poor on schedule, it is essential to put the requisite funding in place. This is an up-to-date overview of the funding proposals and mechanisms now under discussion. The contributors have contributed their analyses as part of the Helsinki Process on Globalization and Democracy - an inter-governmental initiative to develop new approaches to global problem-solving. Key resource flows examined include ODA, foreign direct investment, remittances by migrants, commodity export prices, and new ideas to secure sustainable debt relief, including debt cancellation, revaluation of IMF gold reserves, debt arbitration, and other proposals.
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