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The Future of Foreign Aid in a Globalizing World with Climate Change
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  • 作者:Michael Hü ; bler
  • 刊名:Global Policy
  • 出版年:2017
  • 出版时间:February 2017
  • 年:2017
  • 卷:8
  • 期:1
  • 页码:41-51
  • 全文大小:653K
  • ISSN:1758-5899
文摘
This essay discusses a forward-looking integrated policy concept of foreign aid in a globalizing world with climate change. First, it opts for an integrated treatment of short-term aid, striving for the urgent fulfillment of basic human needs, and long-term aid, striving for socioeconomic development and self-dependence. It opts for an integrated treatment of the human-society-economy dimension and the biodiversity-nature-earth dimension as well. Second, it proposes a “global insurance for survival” fulfilling basic needs. Besides, it advocates a strong role of (multinational) enterprises and foreign direct investment in socioeconomic development to promote investment and technology diffusion. Firms' activities should be backed up and regulated by a reliable global legal framework. Third, it suggests financing foreign aid via a globally unified tax to foster global justice. As a novel suggestion, the allocation of aid project funding occurs on a market base with the help of a certificate trading scheme to foster efficiency.

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