Financing the Millennium Development Goals : a note on two innovative mechanisms

Tourres, Marie-Aimee * (2006) Financing the Millennium Development Goals : a note on two innovative mechanisms. Sunway Academic Journal, 3. pp. 49-59.

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Abstract

In 2000, the international community agreed on a set of poverty-reduction and human-development targets—the Millennium Development Goals (MDGs)—to be achieved by 2015. Official Development Assistance (ODA) is a source of funds for the developing world; however, the amount is not sufficient to cover the yearly $50 billion needed to meet the goals. To complement ODA, innovative financing mechanisms have been explored. Among others, the idea of a Tobin tax is again being debated. Another mechanism that has been tested since 1 July 2006 is the air-ticket tax. This paper summarises the current trends in ODA and describes how these mechanisms work.

Item Type: Article
Uncontrolled Keywords: Official Development Assistance; ODA; Tobin tax; Millennium Development Goals (MDGs); innovative financing mechanisms; airplane ticket tax
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HC Economic History and Conditions
Divisions: ?? manm ??
Depositing User: Administrator Admin
Date Deposited: 15 Oct 2012 06:40
Last Modified: 15 Oct 2012 06:40
URI: http://eprints.sunway.edu.my/id/eprint/35

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