Financing for development 2030 global agenda and post Covid 19 challenges

Adam, Hebatallah (2021) Financing for development 2030 global agenda and post Covid 19 challenges. Booksclinic Publishing, Chhattisgarh. ISBN 9789391389857

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The COVID-19 Pandemic has uncovered major weaknesses in our global system. It has shown beyond doubt how the prevalence of poverty, weak health systems, lack of education, and above all sub-optimal global cooperation is aggravating the crisis. Besides its immediate impact on health, the socio-economic consequences of the pandemic are likely to be felt by economic actors all over the world, and the populations of developing countries and economies in transition are expected to be among those most vulnerable to suffer from COVID-19 related challenges. The economic impact of COVID-19 pandemic has also left its mark on Sustainable Development financing. Financing Sustainable Development is critical for the future of the countries of the Global South. These countries are dependent on a single source of financing i.e. the ODAs from the developed Global North. It is estimated that the financing gap between the pre and post pandemic times could increase by a whopping 70 percent, owing to the fall in ODAs as a result of poor growth outlook in the developed countries. 'The retreat from globalization and the devastating impact of the pandemic on global economic growth needs to be dealt with an alternative strategy for financing Sustainable Development. The post pandemic development finance needs to tap into multiple sources of financing that might include the public domestic resources, private sector license, ODA from other governments and philanthropies, remittances and South-South flows. This book is an outcome of the first of its kind e-conference in the middle of the Covid-19 pandemic, tackling the questions of economic growth recovery in the Global South and financing sustainable development among the poor and vulnerable communities of the Global South.

Item Type: Book
Keywords: Financing | Development | Healthcare system | Mental health | Epochal policy | Sustainable development | Covid
Subjects: Social Sciences and humanities > Economics, Econometrics and Finance > Banking and Finance
Social Sciences and humanities > Social Sciences > Health (Social sciences)
Social Sciences and humanities > Social Sciences > International Relations
Social Sciences and humanities > Social Sciences > Planning and Development
JGU School/Centre: Jindal School of International Affairs
Depositing User: Arjun Dinesh
Date Deposited: 19 Mar 2022 09:58
Last Modified: 22 Mar 2022 06:10
Official URL:
Additional Information: Jindal Centre for the Global South wishes to acknowledge all the efforts of the editing and proofreading team members who have worked for this conference proceeding. The unlimited appreciation goes to: Mansi Singh, Harshita Pareek, Nimisha Noronha, Aman Tushar Mehta, Shivani Milanmody, Diya Chordia, Aulina Pandey, and Aarya Srivastava. We would like to convey our utmost sincerest thanks to the conference collaborators: the Indian Political Economy Association (IPEA) and the Institute for Global Dialogue (IGD) in South Africa. A special thanks goes to Dr. V. Upadhyay, Professor of Economics, IIT Delhi, New Delhi, The Indian Political Economy Association (IPEA), India; and Dr. Philani Mthembu, Executive Director of Institute for Global Dialogue (IGD), South Africa. Many thanks to Dr. Firdous Ahmed Malik, Research Associate at JCGS, Ms. Shreya Mishra, Centre Coordinator and Ms. Mansi Singh, Research Assistant and Assistant Editor for their valuable contribution to the centre’s activities.


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