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A proposal for a new universal development commitment

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Written by Nilima Gulrajani, Jonathan Glennie

Hero image description: Reflections in a tank of water Image credit:Arne Hoel / World Bank Image license:CC BY-NC-ND 2.0

Most developed countries have accepted, in principle at least, the 50‐year‐old commitment of contributing 0.7% of gross national income to supporting the development of developing countries. But what if all countries made a universal development commitment, meaning a scaled contribution?

The authors of this study propose a new universal and scaled financial commitment to development, informed by but not necessarily identical to official development assistance.

The paper:

  1. sets out how a new era is emerging of higher global ambitions – for example, to end poverty
  2. proposes a new way to raise and govern international public funds
  3. and discusses the possible size and use of contributions, and the evolution in global governance and democracy that a new deal would entail.

It concludes with a set of questions that the proposal raises.

Reflections in a tank of water
Image credit:Arne Hoel / World Bank ~ Image license:CC BY-NC-ND 2.0
Andy Sumner, Nilima Gulrajani, Myles Wickstead and Jonathan Glennie