Development Cooperation in Times of Crisis

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Urging developed nations to grab hold of a unique opportunity and improve their support system for ailing nations, the contributors to this volume revisit the causes of the 2008 collapse and the ongoing effects of recession on global and developing economies. They reevaluate the international response to crisis and suggest more effective approaches to aid, particularly ones that fit the new financial architecture now taking shape across the globe. Experts on international aid and members of the European Union come together to redesign the cooperation system and its governance, so it can accept new actors and better achieve the Millennial Development Goals of 2015 within the context of severe crisis. In the introduction, José Antonio Ocampo and José Antonio Alonso summarize the contents of the different chapters and the implications of their analyses. They conclude with a frank assessment of the imbalances in the global economy and how increased cooperation can rectify these inequalities.