EURODAD Conference 2017: Development Finance Landscape: Why Alternatives are needed

Second Plenary Session of Eurodad Conference 2017

Speakers: Professor Jayati Ghosh (Jawaharlal Nehru University)
Kavaljit Singh (Madhyam) and
Mikaela Gavas (Overseas Development Institute)

Moderator: Penny Davies (Diakonia)

Jayati Ghosh, Kavaljit Singh and Mikaela Gavas discuss the current capitalist stagnation after the global crisis, in which finance has re-emerged as a dominant player and global concentration is adding to inequality. Instead of prioritising the uses of scanty international aid, what is required is political leadership that ends fiscal austerity and ensures more democratic control over finance, as well as trade policies that enable industrialisation and structural transformation.

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