A critical review of proposals for financial cooperation among developing countries

The work reviews the scope for useful south-south co-operation with in the financial area. It examines three main issues whose resolution will be critical to the success of an exclusively Southern financial body: the pre-requisites for effective cooperation, the objectives, and finally the instituti...

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Main Authors: G. BIRD, J. OPPENHEIM
Format: Article
Language:English
Published: Associazione Economia civile 2013-10-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10802
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author G. BIRD
J. OPPENHEIM
author_facet G. BIRD
J. OPPENHEIM
author_sort G. BIRD
collection DOAJ
description The work reviews the scope for useful south-south co-operation with in the financial area. It examines three main issues whose resolution will be critical to the success of an exclusively Southern financial body: the pre-requisites for effective cooperation, the objectives, and finally the institutional forms of financial co-operation. The general conclusion reached is that the proposals to date raise more questions than they answer.  Not only is the need for any such institution debatable, given the lack of any systemic economic trends during the 1970s and early 1980s, but more importantly it is also unclear whether the mutuality of economic interests among the Group of 77 is as pronounced as the proposals normally assume.   JEL: F36, G23, O16
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spelling doaj.art-34d262c6f7d94f6eac568e0190d51b2b2023-02-03T16:47:21ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432013-10-013815410.13133/2037-3643/10802A critical review of proposals for financial cooperation among developing countriesG. BIRDJ. OPPENHEIMThe work reviews the scope for useful south-south co-operation with in the financial area. It examines three main issues whose resolution will be critical to the success of an exclusively Southern financial body: the pre-requisites for effective cooperation, the objectives, and finally the institutional forms of financial co-operation. The general conclusion reached is that the proposals to date raise more questions than they answer.  Not only is the need for any such institution debatable, given the lack of any systemic economic trends during the 1970s and early 1980s, but more importantly it is also unclear whether the mutuality of economic interests among the Group of 77 is as pronounced as the proposals normally assume.   JEL: F36, G23, O16 https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10802Financial cooperationdeveloping countries
spellingShingle G. BIRD
J. OPPENHEIM
A critical review of proposals for financial cooperation among developing countries
PSL Quarterly Review
Financial cooperation
developing countries
title A critical review of proposals for financial cooperation among developing countries
title_full A critical review of proposals for financial cooperation among developing countries
title_fullStr A critical review of proposals for financial cooperation among developing countries
title_full_unstemmed A critical review of proposals for financial cooperation among developing countries
title_short A critical review of proposals for financial cooperation among developing countries
title_sort critical review of proposals for financial cooperation among developing countries
topic Financial cooperation
developing countries
url https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10802
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