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Alternative Development Strategies for the Post-2015 Era

image of Alternative Development Strategies for the Post-2015 Era
The global economic crisis of 2008-2009 exposed systemic failings at the core of economic policymaking worldwide. The crisis came on top of several other crises, including skyrocketing and highly volatile world food and energy prices and climate change. This book argues that new policy approaches are needed to address such devastating global development challenges and to avoid the potentially catastrophic consequences to livelihoods worldwide that are likely to result from present approaches. The contributors to the book are independent development experts brought together to identify a development strategy capable of promoting a broad-based economic recovery and at the same time guaranteeing social equity and environmental sustainability both within countries and internationally. This new development approach seeks to promote the reforms needed to improve global governance, providing a more equitable distribution of global public goods.

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Towards climate-compatible and resilient development

Among the environmental problems related to global socioeconomic development, climate change may well be the main challenge facing the world today. Unmitigated climate change may reverse established development gains and jeopardize development prospects for future generations, especially for those at the lower ends of the distributions of assets and income. These challenges are most effectively, equitably and efficiently addressed in a context of wider policy coherence including intra- and intergenerational fairness—in the perspective of sustainable development. In short, climate change is an issue for international cooperation, and for national and local development strategies.

English

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