Future of Aid: Global Public Investment
Future of Aid: Global Public Investment
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The current aid system is outdated and ineffective. The Future of Aid calls for a new approach, Global Public Investment, to address inequality and sustainability. It advocates for a shift from North-South transfers to a collective effort, with all paying in and all benefitting. The book also calls for a revolution in the way we think about the role of public money to back up global objectives.
Format: Paperback / softback
Length: 140 pages
Publication date: 30 November 2020
Publisher: Taylor & Francis Ltd
International cooperation has never been more crucial, yet the current system of "aid" is outdated and ineffective. The Future of Aid advocates for a complete overhaul of the aid project, adopting a fresh and innovative approach tailored to the challenges of the 21st century: Global Public Investment.
Across the globe, billions of individuals face daily struggles in unequal and unsustainable societies, and international public finance, which should be a vital component of the solution, is sorely lacking. Written engagingly by a renowned expert in the field, The Future of Aid calls for a series of paradigm shifts.
From a narrow emphasis on poverty to a comprehensive attack on inequality and sustainability. From perceiving international public money as a temporary last resort to appreciating its value as a permanent force for good. From North-South transfers to a collective effort, with all contributing and all reaping benefits. From outdated post-colonial institutions to representative decision-making. From the othering and patronizing language of "foreign aid" to the empowering concept of Global Public Investment.
A decade ago, in The Trouble with Aid, Jonathan Glennie cautioned against the dangers of aid dependency and emphasized the need to look beyond aid. Now, he advocates for a revolutionary transformation in our understanding of the role of public money in supporting our ambitious global objectives. In the aftermath of the COVID-19 crisis, a new era of internationalism beckons.
Weight: 212g
Dimension: 139 x 215 x 12 (mm)
ISBN-13: 9780367404970
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