Based on a critical analysis of the structurally neoliberal financing for development (FfD) system established by the Addis Ababa Action Agenda, this article contributes to the literature that views the 2030 Agenda as a new phase of the Neoliberal Development Agenda (NDA), which has been consolidated as hegemonic within the international development (ID) field in recent decades. Additionally, considering philanthrocapitalism as an ideological framework that proposes its own diagnoses and prognoses, we analyse various discourses of relevant Philanthrocapitalist Institutions and International Organizations to point how they legitimate themselves. This article shows how philanthrocapitalism has been constituted not only as a key element within the current model of FfD but also as a genuine neoliberal artefact designed to encapsulate the NDA apparatus, and fostered by the discourse of international agencies to contribute to the meta-objective of consolidating the neoliberal model as hegemonic in the ID arena.
Financialization is one of the most relevant processes embedded in the functioning and evolution of the contemporary capitalist model and presents differential characteristics in the peripheral economies of the world-system. In turn, land grabbing is also one of the most relevant phenomena taking place in the field of farmland and land use, with particular significance also within the Global South. After presenting an in-depth analysis of both phenomena for Latin America, we specifically study the case of the two Latin American countries (Argentina and Brazil) where land grabbing has a greater qualitative and quantitative importance. In our article, we analyze the main interrelationships between both processes and show how financialization has played a fundamental role (together with the policies designed and the de-regulations implemented by respective states, and the participation of other domestic actors) in the land grabbing process in both countries.
There can be no doubt: revolutionary steps are needed to build just alternatives to the failed mainstream model of hegemonic ‘development’ and the universal conception of the ‘one world’ that have ...
We discuss the water remunicipalization process in the city of Valladolid (Spain), focusing specifically on its public financing model. Valladolid water remunicipalization has been a politically driven process, but implemented and managed in a technical way, through a public 100% municipality-owned company. As we show, it does not require the additional participation of financial intermediaries, public or private. The Valladolid remunicipalization process has been largely successful, with efficient financial and technical management, including some equity and environmental considerations, although it is not free from financial challenges that could cause it to totter in the future.
In this paper we critically analyze the reasons to implement innovative mechanisms for international development funding, and the most relevant innovative instruments applied by the moment. We show how, in the international financing for development (IFfD) system, innovative financing is just another element of engagement. Thus, innovative financing should be analysed in connection with the system’s other basic elements, such as traditional financing instruments and the structure and functioning of the international economic and financial system through which these resources are distributed. Hence, a systemic approach to international financing for development (SAIFfD) is needed. The main conclusion is that, although current innovative instruments should be welcome, there is a need to accelerate the launch of new innovative mechanisms and to develop some important accompanying measures basically related to the reform of international financial architecture.