Project

Financing for Sustainable Development in the Global South: A New NIEO in the making?

Code
bof/baf/4y/2024/01/984
Duration
01 January 2024 → 31 December 2025
Funding
Regional and community funding: Special Research Fund
Research disciplines
  • Social sciences
    • Development studies
    • Globalisation
    • Institutions and regimes
    • Political economy
Keywords
development finance Global South International political economy
 
Project description

In 2025 the United Nations will hold its 4th conference on Financing for Development (FfD). This research project seeks to examine the political capacity of the Global South to develop a coherent post-neoliberal paradigm -- in line with the 1970s New International Economic Order (NIEO) -- around the following three core themes of the FfD agenda: (1) international tax cooperation beyond the OECD's initiatives regarding the fight against tax evasion and tax avoidance (respectively the CRS and BEPS); (2) the mobilization of external private and public finance through either derisking strategies à la the Wall Street Consensus or the strengthening of the multilateral development banks (3) sovereign debt restructuring. Theoretically, the project will be rooted in a neo-Gramscian IPE framework to identify the interaction between ideas, interests and institutions. Empirically, the project will rely on document analysis, descriptive statistics and semi-structured elite interviews.