Improving Infrastructure Resilience in Developing Countries

Author(s):  
Julie Rozenberg ◽  
Laura Bonzanigo ◽  
Claire Nicolas

Increasing the amount of resilient infrastructure investments in developing countries is key to achieving development goals. Two issues need to be addressed to better support investment decisions. First, analysts need to better integrate the social, economic, and environmental dimensions of investment decisions in their quantitative analyses, given the intertwined objectives of climate change adaptation and poverty reduction. Second, analysts and practitioners need to recognize that the future state of those three dimensions is deeply uncertain and that new techniques need to be used that look for robust investments—performing well under multiple future conditions—rather than an optimal solution under a single prediction of the future. Doing so can be achieved by beginning important decision processes with an integrated model representing technical and socioeconomic factors, and exploring various interventions under many possible futures.

2022 ◽  
Vol 17 (1) ◽  
pp. 52-63
Author(s):  
Juliusz Piwowarski ◽  
◽  
Larysa Yankovska ◽  
Bohdan-Petro Koshovyi ◽  
Ira Von-Nagy ◽  
...  

The first Sustainable Development Goal expresses the global concern in poverty eradication. We looked at the theory of poverty reduction with a long-term perspective in mind to confirm the congruence of modern approaches and their compliance with the principles of sustainable development. Despite clear signs of targeting Sustainable development goals to the future, we have found that future poverty needs deep discussion. We researched legal acts, policies and scientific sources to prove the possibility and suitability of recognising future poverty as a valid form of poverty. We considered the main possible difficulties that will challenge initiatives of future poverty exhausting. Finally, we proposed several perspective directions of further research to include the future poverty concept into the agenda of governments and supranational organisations.


Author(s):  
Richard Jolly

This chapter argues that the twenty-first century requires humane global governance, well beyond current perspectives usually based on neoliberal economics. Humane global governance would give priority to human concerns and human rights; encompass the Sustainable Development Goals as key objectives; be focused on support for national and international priorities for human rights, poverty reduction, and diminishing extremes of inequalities. Global public goods should be defined and pursued in a humane way, emphasizing human needs in tackling such global threats as the transmission of communicable diseases, extremes of rapid migration, civil conflict, peace and human security—all key elements in human development. Examples are given as to how such approaches have been demonstrated by different UN agencies and how they can be built on for the future.


2021 ◽  
Vol 7 (2) ◽  
pp. 47-58
Author(s):  
Aini Suzana Ariffin

Investing at the grassroots level is an essential intervention to achieve the goals that the international and national communities have set in terms of sustainable development. However, substantial performance remains the concern of the many developing countries in establishing a strong strategy on education in supporting grassroots economies. The general objective of this paper is to engage in discussion on how the country's strategy is designed to meet the intended results in supporting Sustainable Development Goals (SDGs) through entrepreneurship at the grassroots level. The specific objectives first will focus on critical analysis on the level of matching of the designed strategy and the implementation and secondly on the role of social innovations and the motivations of social entrepreneurs in supporting socioeconomic progress and employment creation. The paper outlined key issues from Malaysia and Zanzibar experiences using a qualitative approach. The findings indicate that in Zanzibar the grassroots entrepreneurs were dominated by weak education, mindset, and traditional experiences in transforming their practices using emerged innovation initiatives, there is also a weak government initiative on innovative measures and a lacks policy initiatives. While in Malaysia the grassroots entrepreneurs failed to use the existing opportunities of the STI initiative to transform themselves into global and regional opportunities. It is suggested that to realize the effective role of entrepreneurship in supporting SGD's goals in employment, quality life, and poverty reduction, there is a need for a paradigm shift to support entrepreneurship education which will support socio-economic development at all levels.


Author(s):  
Ian Goldin

Foreign aid is any kind of official development assistance, concessionary loan, or financial grant given to developing countries mainly for the purpose of economic development or welfare provision. ‘The evolution of development aid’ describes the improved aspects of aid since the end of the Cold War with greater aid effectiveness achieved by targeting poverty reduction efforts more directly. It also outlines the eight Millennium Development Goals and the subsequent seventeen Sustainable Development Goals proposed in 2015; describes the range of development finance institutions and their response to the debt crisis; and explains the higher levels of investment in global public goods that are required to prevent global catastrophes.


Author(s):  
Jason McFarlane ◽  
Hany Besada ◽  
Kathryn Anne Brunton ◽  
Alireza Saniei-Pour

This book concludes with some recommendations aimed at ensuring the legacy and success of the Post-2015 Development Agenda. It argues that the Post-2015 Development Agenda needs to address a new and more complex set of challenges and emphasises the importance of good governance and institution-building. In conjunction with poverty reduction, the Post-2015 Development Agenda must tackle the growing problem of youth unemployment. It also must take into account the macroeconomic vulnerabilities of developing countries and the role of technology, such as mobile phones, in intermediating global development finance. Furthermore, the Post-2015 Development Agenda must reflect a concerted effort to draw lessons from the positive and negative experiences of the Millennium Development Goals (MDG) and apply them to a variety of challenges whose prioritisation differ from country to country. Finally, policymakers need to address predicaments such as the ongoing financial and Eurozone crisis and identify trends that indicate imminent emergencies.


2020 ◽  
Vol 36 (3) ◽  
pp. 371-389
Author(s):  
Antonina Popova ◽  

Globalization in the 21st century, like any profound process occurring in society, brings both new opportunities and risks. One tool that helps countries overcome continued economic uncertainty is strategic planning. Despite the fact that the scientific community is still debating whether the state should coordinate a country’s economic processes, in practice the number of strategic trade and economic initiatives is constantly growing. This article analyses trends in the design of trade and economic strategies in developing countries from 2000 to 2015, reasons for growing interest in implementing such initiatives, and changes in the structure of strategic documents. Calculations are based on systematic and graphic analyses of data published by the International Trade Centre and the World Bank. The results of this analysis show that increasing interest in implementing trade and development initiatives in the 2000s was preceded by a World Bank policy aimed at alleviating the burden of high-indebted by poor countries. This policy required beneficiaries to have a poverty reduction strategy (e.g. the Poverty Reduction Strategy Papers — PRSP). The development of PRSPs helped to create and/or restore institutional mechanisms needed to implement such initiatives, which had been lost back in the 1980s. The promotion of the global development goals—Millennium Development Goals (MDGs) 2000–2015 and Sustainable Development Goals (SDGs) 2015–2030, adopted by 193 UN member states — served as a trigger for scaling up the development of strategic initiatives. Such initiatives adopted in developing countries, with the support of international organizations, were focused mainly on solving the food and nutrition problems and improving basic social services. Their successful implementation improved existing planning practices and increased the effectiveness of state institutions in developing countries. At the same time, the first positive results returned faith in the effectiveness of these strategic programs for the development of a country’s economy. This created an impulse for the capacity of developing countries to implement later trade and economic strategies without the support of third organizations, giving them the autonomy to allocate resources in high valueadded sectors. Nevertheless, despite all the efforts in developing countries, the weak points of these initiatives remain poor elaboration of action plans and the lack of financial resources to achieve stated objectives.


2006 ◽  
Vol 45 (4I) ◽  
pp. 555-561
Author(s):  
Daniyal Aziz

The development industry is increasingly recognising that institutional constraints in developing countries are fast becoming a primary limiting factor for growth. Institutional decay and breakdown is also placing the stability of democratic political systems at risk. If this decay and breakdown is not reversed, ultimately democracy and free markets in developing countries will also face increasing risks thereby creating further negative impacts on institutions. Reversing this vicious cycle must be the subject of international development pre-eminence as all “sectors” rely on primary institutions to function.1 The framework for institutional assistance interventions to developing countries is missing or has remained marginally addressed. The Millennium Development Goals (MDGs) and the Poverty Reduction and Growth Facility (PRGF) do not directly address the governance aspect of the post colonial societies and its role in achieving poverty reduction or millennium development goals.2 If “institution matter” what should the international assistance approach to designing interventions that promote governance and institutional revival be? What is the knowledge base required to design governance interventions? What is the new governance research that can produce that knowledge base?


2020 ◽  
Vol 6 (2) ◽  
pp. 95-113
Author(s):  
Fabian Muniesa ◽  
Liliana Doganova

The future is persistently considered in the sociology of finance from two divergent, problematic angles. The first approach consists in supplementing financial reasoning with an acknowledgement of the expectations that are needed in order to cope with an uncertain future and justify the viability of investment decisions. The second approach, often labelled critical, sees on the contrary in the logic of finance a negation of the future and an exacerbation of the valuation of the present. This is an impasse the response to which resides, we suggest, in considering the language of future value, which is indeed inherent to a financial view on things, as a political technology. We develop this argument through an examination of significant episodes in the history of financial reasoning on future value. We explore a main philosophical implication which consists in suggesting that the medium of temporality, understood in the dominant sense of a temporal progression inside which projects and expectations unfold, is not a condition for but rather a consequence of the idea of financial valuation.


Author(s):  
Donald C. Williams

This chapter is the first of this book to deal specifically with the metaphysics of time. This chapter defends the pure manifold theory of time. On this view, time is just another dimension of extent like the three dimensions of space, the past, present, and future are equally real, and the world is at bottom tenseless. What is true is eternally true. For example, it is now true that there will be a sea fight tomorrow or that there will not be a sea fight tomorrow. It is argued that the pure manifold theory does not entail fatalism and that contingent statements about the future do not imply that only the past and present exist.


Author(s):  
Johan Swinnen ◽  
Rob Kuijpers

Understanding the development implications of agri-food standards and global value chains is crucial, as they are a fundamental component of developing countries’ growth potential and could increase rural incomes and reduce poverty, but at the same time they present serious challenges and could lead to further marginalization of the poor. This chapter reviews some of the implications of the spread of stringent standards associated with global value chains for developing countries and global poverty reduction. The chapter focuses on five aspects: the interaction between standards and value chain governance; the effects on agricultural productivity and smallholder welfare; farm-level and institutional spillovers; labor market and gender effects; and the interaction between liberalization policies and value chains.


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