Responses to global challenges. Trends in aid-financed global public goods
| Autor: | Luisa Giuriato, Alessandra Cepparulo |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2016 |
| Předmět: |
Product market
Economic policy 050204 development studies media_common.quotation_subject Geography Planning and Development Developing country International trade Management Monitoring Policy and Law Development Collective action Goods and services 0502 economics and business Economics official development assistance global public goods aid-financed global public goods donors' demand of global public goods 050207 economics media_common Global challenges business.industry 05 social sciences Public good Complementarity (molecular biology) Imitation business |
| Popis: | Based on four decades (1973–2013) of OECD-Development Assistance Committee aid to developing countries, this article aims to show aid-financed global public goods trends, their changing composition and their main drivers. In particular, a constant increase in the share of aid-financed global public goods and a shift towards weighted-sum and weakest-link global goods are observed. Economic conditions, imitation effects, global engagement and domestic spending result as the main drivers of donors’ demand for aid-financed global public goods. Besides, a certain complementarity in the provision of global goods plays a role, especially in European countries and Japan, partially easing the prognosis for the collective action problems related to global goods |
| Databáze: | OpenAIRE |
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