Journal articles or issuesJuly 2020Andy Sumner, Nilima Gulrajani, Myles Wickstead and Jonathan GlennieReflections in a tank of water. Photo: Arne Hoel / World BankMost developed countries have accepted, in principle at least, the 50‐year‐old commitment of contributing 0.7% of gross national income to supporting the development of developing countries. But what if all countries made a universal development commitment, meaning a scaled contribution?The authors of this study propose a new universal and scaled financial commitment to development, informed by but not necessarily identical to official development assistance.The paper:sets out how a new era is emerging of higher global ambitions – for example, to end povertyproposes a new way to raise and govern international public fundsand discusses the possible size and use of contributions, and the evolution in global governance and democracy that a new deal would entail.It concludes with a set of questions that the proposal raises.Read the research A Proposal for a New Universal Development CommitmentRelated Financing the reduction of extreme poverty post-Covid-19This briefing note is an update to ODI’s research on the role of international public finance in eradicating poverty around the world.Briefing papers5 November 2020How Covid-19 can change incentives for development cooperationThe compassionate response to Covid-19, and the possibilities of Global Public Investment, give new hope for the future of development cooperation.Articles and blogs27 May 2020 Donors in transition and the future of development cooperation: what do the data from Brazil, India, China and South Africa reveal?This paper looks at development cooperation in Brazil, China, India and South AfricaWorking and discussion papers15 September 2019See more:sustainable development goalsdevelopment financepovertyaidGlobal
