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The Triple Crisis and the Global Aid Architecture

Tony Addison, Channing Arndt and Finn Tarp

No wp-2010-001, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: The global economy is passing through a period of profound change. The immediate concern is with the financial crisis, originating in the North. The South is affected via reduced demand and lower prices for their exports, reduced private financial flows, and falling remittances. This is the first crisis. Simultaneously, climate change remains unchecked, with the growth in greenhouse gas emissions exceeding previous estimates. This is the second crisis. Finally, malnutrition and hunger are on the rise, propelled by the recent inflation in global food prices. This constitutes the third crisis.

Keywords: Climate change; Financial crisis; Food industry and trade; Food supply (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (3)

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Journal Article: The Triple Crisis and the Global Aid Architecture (2011)
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