Global Public Investment: Redesigning International Public Finance for Social Cohesion—A Preliminary Sketch (notice n° 597838)
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| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250121152415.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Reid-Henry, Simon |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | Global Public Investment: Redesigning International Public Finance for Social Cohesion—A Preliminary Sketch |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2020.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 53 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | Over the past decade a growing body of work has begun to engage with the task of rethinking development finance for the 21st century. In a field dominated by innovative finance and sector- specific proposals, this paper sets out to consider the case for a more structured system of international fiscal allocations: Global Public Investment. The core characteristics of Global Public Investment are its potential to enhance the supply of public goods, services and infrastructure globally, through raising each year a nominal, fixed portion of national income as GPI funds and re-allocating those marked funds on a per-capita or other needs-indexed basis. In such a scheme all countries would pay in according to ability and receive according to need and all would have a fair share in negotiating contributions and priority-setting alike. The paper begins by overviewing four historical dynamics presently bringing the seven-decades old system of ODA to an end and examines whether GPI represents a feasible means of addressing the problem of “the end of aid” (Severino and Ray, 2009). It then considers what such a system of structured international public finance would focus on before turning to examine some of the critiques and challenges that any form of statutory international public finance must address. The second half of the paper outlines how a system of GPI might possibly work in practice before turning, finally, to consider the centrality of social cohesion to this vision. The potential role of GPI in enhancing social cohesion is considered in relation to increased cooperation, democratic engagement, and social productivity.JEL Codes: B52, F02, F35, F38, F55, H39, H4. |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | International Public Finance |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | Global Public Investment |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | health |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | social cohesion |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Revue d'économie du développement | 27 | 2 | 2020-09-08 | p. 169-201 | 1245-4060 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/revue-d-economie-du-developpement-2019-2-page-169?lang=en&redirect-ssocas=7080">https://shs.cairn.info/revue-d-economie-du-developpement-2019-2-page-169?lang=en&redirect-ssocas=7080</a> |
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