World Economic and Social Survey 2012: in Search of New Development Finance

The World Economic and Social Survey 2012 addresses the critical need for innovative financing mechanisms to achieve global development goals amidst declining traditional aid. It explores a range of potential instruments, such as international taxation and other novel initiatives, that could mobilise substantial additional resources for development. The report emphasizes that the success of these mechanisms hinges on strong international consensus and effective governance frameworks to ensure equitable and impactful allocation of funds.