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A proposal for a new universal development commitment

Author

Listed:
  • Jonathan Glennie
  • Nilima Gulrajani
  • Andy Sumner
  • Myles Wickstead

Abstract

Most Organization for Economic Co-operation and Development countries have accepted, in principle at least, the 50-year-old commitment of contributing 0.7 per cent of gross national income to supporting the development of countries in the Global South. But what if all countries made a universal development commitment, meaning a scaled contribution? We propose a new universal and scaled financial commitment to development, informed by but not necessarily identical to official development assistance.

Suggested Citation

  • Jonathan Glennie & Nilima Gulrajani & Andy Sumner & Myles Wickstead, 2019. "A proposal for a new universal development commitment," WIDER Working Paper Series wp-2019-119, World Institute for Development Economic Research (UNU-WIDER).
  • Handle: RePEc:unu:wpaper:wp-2019-119
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    References listed on IDEAS

    as
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    7. Michael Clemens & Todd Moss, 2005. "Ghost of 0.7%: Origins and Relevance of the International Aid Target," Development and Comp Systems 0509006, University Library of Munich, Germany.
    8. Wickstead, Myles A., 2015. "Aid and Development: A Brief Introduction," OUP Catalogue, Oxford University Press, number 9780198744924.
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