2. Diagnosis today
Development discourse focuses on
growth
Social and ecological sauce
We have the analysis, principles and
experiments
Policies are lagging behind
8. Sustainable development finance post-2015
1. More money flows out of developing
counrties than in
2. Un(under-)regulated capital flows cost
developing countries
3. Domestic finance is mire important than
international flows
9. Net inflows (2011, bn $)
In Uit Net
Remittances 343 39 304
Loans (private/public) 710 513 197
ODA 166 25 140
FDI 472 420 52
NGO’s, foundations 45 0
Portfolio equity 18
Other Official Flows 79 65 14
Total 771
12. Conclusions/recommendations
1. Mobilizing domestic resources is crucial
2. Quality more important than quantity
Pro-cylical/volatile
Don’t fall into the ‘leveraging trap’
1. Need to address systemic issues
Tackle tax dodging
Sustainable solutions to debt crisis
Monetary alternatives
1. Address public finance gap