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Viewing report
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Meeting the Development Challenge. Edition No. 1
VDM Publishing House, Nov 2008, Pages: 248
For decades donors have discussed the composition of
ideal development aid - without any concrete results.
Since the end of the Cold War, Official Development
Assistance has been in constant decline. The number
of multinational firms investing in developing
countries is still small and perception of such
investments largely negative. Is it possible to
effectively combine commercial and political
interests to pursue developmental aims without
jeopardizing the same? After a short situational
analysis, Christine Fürthaller reveals some problems
concerning the current aid system and then explores
other capital flows to the Third World including
Foreign Direct Investment and remittances. Synergies
between these flows will be highlighted before
looking into the current state of international
discussions at the UN, World Bank, OECD and EU level.
The book ends with general suggestions for
improvement of the current system and possible future
synergies.
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