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The New Public Finance: Responding to Global Challenges

Author

Listed:
  • Kaul, Inge

    (United Nations Development Programme)

  • Conceicao, Pedro

    (United Nations Development Programme)

Abstract

The world's agenda of international cooperation has changed. The conventional concerns of foreign affairs, international trade, and development assistance, are increasingly sharing the political center stage with a new set of issues. These include trans-border concerns such as global financial stability and market efficiency, risk of global climate change, bio-diversity conservation, control of resurgent and new communicable diseases, food safety, cyber crime and e-commerce, control of drug trafficking, and international terrorism and weapons of mass destruction. Globalization and increasing porosity of national borders have been key driving forces that have led to growing interdependence and interlocking of the public domains--and therefore, public policy concerns--of countries, governments, private businesses, civil society, and people at large. Thus, new and different issues are now occupying top places on national policy agendas, and consequently, on the agendas of international negotiating forums. The policy approaches to global challenges are also changing. A proliferation and diversification of international cooperation efforts include focus on financing arrangements. Financing of international cooperation in most instances is a haphazard and non-transparent process and often seems to run parallel to international negotiations. There are many unfunded mandates and many-non-mandatory funds. To agree on and to achieve international economic goals, we need to understand how financing of international cooperation efforts actually works. Our understanding is hampered by two gaps: 1) lack of an integrated and cohesive theoretical framework; 2) lack of consolidated empirical and operational knowledge in the form of a comprehensive inventory of past, current and possible future (i.e. currently deliberated) financing mechanisms. This book reduces these two gaps and provides a guide to improve our ability to finance international cooperation. Available in OSO: http://www.oxfordscholarship.com/oso/public/content/economicsfinance/9780195179972/toc.html

Suggested Citation

  • Kaul, Inge & Conceicao, Pedro, 2006. "The New Public Finance: Responding to Global Challenges," OUP Catalogue, Oxford University Press, number 9780195179972.
  • Handle: RePEc:oxp:obooks:9780195179972
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    Citations

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    Cited by:

    1. Independent Evaluation Group, 2007. "Sourcebook for Evaluating Global and Regional Partnership Programs : Indicative Principles and Standards," World Bank Publications, The World Bank, number 6601.
    2. Ronald U. Mendoza, 2007. "A Compendium of Policy Instruments to Enhance Financial Stability and Debt Management in Emerging Market Economies," Working Papers 48, United Nations, Department of Economics and Social Affairs.
    3. Richard M. Bird, 2016. "Reforming International Taxation: Is the Process the Real Product?," Hacienda Pública Española, IEF, vol. 217(2), pages 159-180, June.
    4. Richard M. Bird, 2014. "Global Taxes and International Taxation: Mirage and Reality," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper1429, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    5. United Nations Development Programme UNDP, 2015. "Can GDP-Linked Official Lending to Emerging Economies and Developing Countries Enhance Risk Management and Resilience?," Working Papers id:7147, eSocialSciences.
    6. repec:bla:ijhplm:v:31:y:2016:i:4:p:488-510 is not listed on IDEAS
    7. Dana G. Dalrymple, 2008. "International agricultural research as a global public good: concepts, the CGIAR experience and policy issues," Journal of International Development, John Wiley & Sons, Ltd., vol. 20(3), pages 347-379.
    8. Independent Evaluation Group, 2007. "The Development Potential of Regional Programs : An Evaluation of World Bank Support of Multicountry Operations," World Bank Publications, The World Bank, number 6673.
    9. Charles Anderton & Jurgen Brauer, 2014. "Economics and Genocide: Choices and Consequences," Working Papers 1409, College of the Holy Cross, Department of Economics.
    10. Karlsson-Vinkhuyzen, Sylvia I. & Jollands, Nigel & Staudt, Lawrence, 2012. "Global governance for sustainable energy: The contribution of a global public goods approach," Ecological Economics, Elsevier, vol. 83(C), pages 11-18.
    11. Alessandra Cepparulo & Luisa Giuriato, 2012. "Global Challenges and Country-Specific Responses through Aid Financing of Global Public Goods," Working Papers 156, University of Rome La Sapienza, Department of Public Economics.
    12. repec:eur:ejesjr:206 is not listed on IDEAS
    13. John Scott, 2009. "Cost-benefit analysis for global public–private partnerships: an evaluation of the desirability of intergovernmental organizations entering into public–private partnerships," The Journal of Technology Transfer, Springer, vol. 34(6), pages 525-559, December.
    14. Hall, David & Lobina, Emanuele, 2007. "International actors and multinational water company strategies in Europe, 1990-2003," Utilities Policy, Elsevier, vol. 15(2), pages 64-77, June.

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