Financing Development for a Beyond 2030 Agenda The 2030 Agenda has failed because its goals and means have been at odds from the start. Severe underfunding of public goods and shrinking fiscal space caused by costly borrowing indicate that a Beyond 2030 Agenda requires a fundamentally different financial architecture—one that prioritizes public over private financing. This paper presents key policy initiatives, such as corporate tax reform and the introduction of wealth taxes, which can make national tax systems more effective and redistributive. It also addresses fiscal transfers between countries, through increased and improved official development assistance modeled on regional and national approaches, and innovative initiatives such as Global Public Investment. The paper also examines the value of Special Drawing Rights in crisis response. To conclude, it presents initial ideas on how the Beyond 2030 process can integrate goals and means more coherently. Further information on the topic can be found here: ↗ fes.de
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