Financing Development: The G8 and UN Contribution

Front Cover
Professor John J. Kirton, Professor Michele Fratianni, Professor Paolo Savona
Ashgate Publishing, Ltd., 2013 M03 28 - 344 pages

The critical challenge of financing development and sustainability is a key focus for the world's international financial institutions, led by the International Monetary Fund, the World Bank, and, above all, the G8. This volume assesses the current practice and perspectives of the major developed world countries that dominate the boards of the IMF and the World Bank and comprise the G8. It looks at the prospects for meeting the Millennium Development Goals in the most impoverished region of Africa, the way trade and finance instruments can help, and how the challenges of energy security and climate change control will affect the results.

This volume offers in-depth analysis of:
∗ how the Millennium Development Goals are to be met
∗ North-to-South resource transfers
∗ the challenges of controlling climate control beyond Kyoto

In sum, this volume provides a critical and creative examination of what the G8 governments, especially at and after the 2005 Gleneagles summit, have done and what they should do to promote development and sustainability.

From inside the book

Contents

Introduction Arguments and Conclusions
3
African Finance and Lack of Development
10
THE GLENEAGLES G8 SUMMIT
25
Gleneagles G8 Summit Perspectives
43
Appendix 41 The Concert Equality Model of G8 Summit Performance
73
Making Poverty History or Confronting
79
Matured Partnership
99
How Much a Partnership?
121
Table 102 Monetary and Financial Components of the Fraser Institutes
167
Appendix 101 Technical Derivation of the Missing Capital
180
What Does International Aid Mean to the
185
A Development Perspective
201
Asymmetry in the PostDoha Trading System
219
Table 131 Number of World Trade Organization Delegates
222
A U S Perspective
235
The American Contribution
253

Political Aspects
143
von Furstenberg
155
Table 101 The Projected WorstCase Scenario and Actual
158
Annex Documents Issued by the G8 at Gleneagles on 8 July 2005
280
Bibliography
281
Copyright

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About the author (2013)

Michele Fratianni is based at Indiana University, Bloomington, USA. John J. Kirton is based at the University of Toronto, Canada and Paolo Savona is based at the Gugliemo Marconi University , Italy.

John J. Kirton, Michele Fratianni, Paolo Savona, Martin Donnelly, Anthony Payne, Victoria V. Panova, Myles Wickstead, Ada Adefuye, George M. von Furstenberg, Olivier Charnoz, Pierre Jacquet, Sheila Page, Sylvia Ostry, Robert C. Fauver, Frank E. Loy.

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