Search results for ""Author Kunibert Raffer""

This book exposes intolerable global double standards in the treatment of debtors and argues that fairness, economic efficiency and principles common to all civilized legal systems, must and can be applied to so-called `developing countries', or Southern sovereign debtors.Tracing the history of Southern sovereign debts, describing the critical role of non-governmental organizations (NGOs) in enforcing improvements, and discussing technical debt issues, this book presents a solution incorporating the Millennium Development Goals (MDGs) as an appropriate form of debtor protection. Although most multilateral claims are statutorily subordinated to development needs, multilateral institutions wrongly claim preferred creditor status. They routinely violate their own statutes. Kunibert Raffer discusses grants and loans as alternative ways to finance the MDGs and development and necessary caveats on widely used debt statistics and indicators are made. The effects of the present US crisis are also discussed, making solving the never-ending debt problem particularly urgent.With innovative and never-before discussed topics, this book will appeal to NGO employees, academics and students in development or international relations and political studies. Overseas development institutions and development co-operation ministries and departments will also find this a very useful reference tool.

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This book exposes intolerable global double standards in the treatment of debtors and argues that fairness, economic efficiency and principles common to all civilized legal systems, must and can be applied to so-called `developing countries', or Southern sovereign debtors.Tracing the history of Southern sovereign debts, describing the critical role of non-governmental organizations (NGOs) in enforcing improvements, and discussing technical debt issues, this book presents a solution incorporating the Millennium Development Goals (MDGs) as an appropriate form of debtor protection. Although most multilateral claims are statutorily subordinated to development needs, multilateral institutions wrongly claim preferred creditor status. They routinely violate their own statutes. Kunibert Raffer discusses grants and loans as alternative ways to finance the MDGs and development and necessary caveats on widely used debt statistics and indicators are made. The effects of the present US crisis are also discussed, making solving the never-ending debt problem particularly urgent.With innovative and never-before discussed topics, this book will appeal to NGO employees, academics and students in development or international relations and political studies. Overseas development institutions and development co-operation ministries and departments will also find this a very useful reference tool.

Read more less

In The Foreign Aid Business, Kunibert Raffer and Hans Singer offer an incisive analysis of aid and development finance, examine the key issues and new trends in aid as well as proposing a series of fundamental improvements.Distinguishing clearly between ‘aid’ and ‘help’ in development finance, the authors discuss aid in the context of other North-South flows, such as trade or debt service, and describe its role and evolution during the Cold War. They address in detail issues such as food aid, the European Union’s Lome co-operation, Japan’s emergence as the largest donor and its specific aid philosophy, the often neglected question of South-South aid and the role of non-governmental organizations. The new trends analyzed in this book include political conditionality, the UNDP’s proposal to reorient aid towards human development and the question of aid diversion to the former communist countries. The Foreign Aid Business concludes by proposing a series of innovative reforms for development aid and finance. The authors advocate major improvements which include combining emergency and development aid, the financial accountability of donors, international insolvency to stop aid bailing-out creditors and the emulation of the Marshall pla’s successful self-monitoring by recipients. Combining a sophisticated analysis of current issues and trends with innovative new ideas for raising the effectiveness of development aid and finance, this substantial new book will be welcomed by academic scholars, policymakers and practitioners as a major contribution to our understanding of the foreign aid business.

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Since the 1940s, development thinking has been the subject of fierce debate and continual evolution. The authors of this book trace the ideas that have driven changing approaches to development, focusing also on the Prebisch-Singer Thesis, which seeks to explain the widening gaps between rich and poor nations, caused by unequal distribution of trade benefits. They discuss both aid during and after the cold war, and the rise and subsequent liberalisation crisis of the Asian 'Tiger Economies'.The Economic North-South Divide goes on to explore the structural roots of the debt crisis and considers the impact of debt management on North-South economic relations, exposing certain double standards that tilt global markets further against the South. Encouraged by recent successful opposition to neoliberalism, the authors finally propose ideas for a world where people seem to matter. This book is a welcome addition to the debate and will appeal to anyone interested in economic development and history.

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In The Foreign Aid Business, Kunibert Raffer and Hans Singer offer an incisive analysis of aid and development finance, examine the key issues and new trends in aid as well as proposing a series of fundamental improvements.Distinguishing clearly between ‘aid’ and ‘help’ in development finance, the authors discuss aid in the context of other North-South flows, such as trade or debt service, and describe its role and evolution during the Cold War. They address in detail issues such as food aid, the European Union’s Lome co-operation, Japan’s emergence as the largest donor and its specific aid philosophy, the often neglected question of South-South aid and the role of non-governmental organizations. The new trends analyzed in this book include political conditionality, the UNDP’s proposal to reorient aid towards human development and the question of aid diversion to the former communist countries. The Foreign Aid Business concludes by proposing a series of innovative reforms for development aid and finance. The authors advocate major improvements which include combining emergency and development aid, the financial accountability of donors, international insolvency to stop aid bailing-out creditors and the emulation of the Marshall pla’s successful self-monitoring by recipients. Combining a sophisticated analysis of current issues and trends with innovative new ideas for raising the effectiveness of development aid and finance, this substantial new book will be welcomed by academic scholars, policymakers and practitioners as a major contribution to our understanding of the foreign aid business.

Read more less

Since the 1940s, development thinking has been the subject of fierce debate and continual evolution. The authors of this book trace the ideas that have driven changing approaches to development, focusing also on the Prebisch-Singer Thesis, which seeks to explain the widening gaps between rich and poor nations, caused by unequal distribution of trade benefits. They discuss both aid during and after the cold war, and the rise and subsequent liberalisation crisis of the Asian 'Tiger Economies'.The Economic North-South Divide goes on to explore the structural roots of the debt crisis and considers the impact of debt management on North-South economic relations, exposing certain double standards that tilt global markets further against the South. Encouraged by recent successful opposition to neoliberalism, the authors finally propose ideas for a world where people seem to matter. This book is a welcome addition to the debate and will appeal to anyone interested in economic development and history.

Read more less