The Triple Crisis and the Global Aid Architecture

TY - CHAP

T1 - The Triple Crisis and the Global Aid Architecture

AU - Addison, Tony

AU - Arndt, Channing

AU - Tarp, Finn

PY - 2011/12

Y1 - 2011/12

N2 - The global economy is passing through a period of profound change. The immediate concern is with the financial crisis, originating in the North. The South is affected via reduced demand and lower prices for their exports, reduced private financial flows and falling remittances. This is the first crisis. Simultaneously, climate change remains unchecked, with the growth in greenhouse gas emissions exceeding previous estimates. This is the second crisis. Finally, malnutrition and hunger are on the rise, propelled by the recent inflation in global food prices. This constitutes the third crisis. These three crises interact to undermine the prosperity of present and future generations. Each has implications for international aid and underline the need for concerted action.

AB - The global economy is passing through a period of profound change. The immediate concern is with the financial crisis, originating in the North. The South is affected via reduced demand and lower prices for their exports, reduced private financial flows and falling remittances. This is the first crisis. Simultaneously, climate change remains unchecked, with the growth in greenhouse gas emissions exceeding previous estimates. This is the second crisis. Finally, malnutrition and hunger are on the rise, propelled by the recent inflation in global food prices. This constitutes the third crisis. These three crises interact to undermine the prosperity of present and future generations. Each has implications for international aid and underline the need for concerted action.

M3 - Book chapter

VL - IV

T3 - Sage Library of Health and Social Welfare Series

BT - Global Health

A2 - Labonte, Ronald

A2 - Mohindra, Katia

A2 - Schrecker, Ted

A2 - Stoebenau, Kirsten

PB - SAGE Publications

ER -