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New Sources of Development Finance
Contributor(s): Atkinson, A. B. (Editor)
ISBN: 0199278563     ISBN-13: 9780199278565
Publisher: Oxford University Press, USA
OUR PRICE:   $37.04  
Product Type: Paperback - Other Formats
Published: January 2005
Qty:
Annotation: As their Millennium Development Goals, world leaders have pledged by 2015 to halve the number of people living in extreme poverty and hunger, to achieve universal primary education, to reduce child mortality, to halt the spread of HIV/AIDS, and to halve the number of people without safe
drinking water. Achieving these goals requires a large increase in the flow of financial resources to developing countries - double the present development assistance from abroad.
Examining innovative ways to secure these resources, this book sets out a framework for the economic analysis of different sources of funding, applying the tools of modern public economics to identify the key issues. It examines the role of new sources of overseas aid, considers the fiscal
architecture and the lessons that can be learned from federal fiscal systems, asks how far increased transfers impose a burden on donors, and investigates how far one can separate raising resources from their use.
In turn, the book examines global environmental taxes (such as a carbon tax) the taxation of currency transactions (the Tobin tax), a development-focused allocation of Special Drawing Rights by the IMF, the UK Government proposal for an International Finance Facility, increased private donations for
development purposes, a global lottery (or premium bond), and increased remittances by emigrants. In each case, it considers the feasibility of the proposal and the resources that it can realistically raise. In each case, it offers new perspectives and insights into these new and controversial
proposals.

Additional Information
BISAC Categories:
- Business & Economics | Finance - General
- Business & Economics | Development - Economic Development
Dewey: 338.91
LCCN: 2004025229
Physical Information: 0.6" H x 6.28" W x 9.16" (0.91 lbs) 268 pages