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P13


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Redistributive development: the new political economy of financing and taxation 
Convenors:
Matt Barlow (University of Glasgow)
Benjamin Hunter (University of Glasgow)
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Format:
Paper panel
Stream:
Embedding justice in development
Location:
S314, 3rd floor Senate Building
Sessions:
Wednesday 26 June, -, -
Time zone: Europe/London

Short Abstract:

This panel analyses the recent proliferation of development financing initiatives that seek to address long-standing development challenges. In a context of high debt and low tax, could these initiatives present a pathway to more equitable, inclusive and redistributive approaches to development?

Long Abstract:

How to finance development equitably and inclusively is a long-standing and contentious debate. Governments with low levels of tax collection require external resources to meet a broad range of societal needs, yet the sourcing of these remains a major challenge for the development community. The shift from development aid to development financing, and the converging and cumulative impacts of national indebtedness and COVID-19, have opened new and revitalised possibilities in the political economy of development financing. These changes are evident in the recent proliferation of reforms and initiatives moving further away from aid-based agendas: Global Tax Policy Reforms, The Bridgetown Initiative and The Summit for a New Global Financing Pact. For some, this has proved an opportunity to remake development into an explicitly profitable enterprise with meritorious private finance at its core. For others, an opportunity to remake development as a tool of reparative justice that can begin to address some of the injustices of colonialism. Taxation remains a relatively neglected area of enquiry, despite the potential offered by a tax justice framework and the centrality of taxation to the SDGs. The path for development in a post-aid world, and by extension development studies, will be determined in no small part by the outcome of emerging struggles over the question of redistribution. This panel invites contributions that analyse these ongoing trends and events and present an opportunity to chart a future agenda for scholarship in this field.

Accepted papers:

Session 1 Wednesday 26 June, 2024, -
Session 2 Wednesday 26 June, 2024, -
Panel Video visible to paid-up delegates