The 3rd International Conference on Financing for Development
For decades, development policy was shaped by the notion that the poor countries of the Global South needed money from the wealthy North in order to advance in their development. At the latest since the 2008/09 financial crisis this view of things has, it seems, begun to change. In the current Global Governance Spotlight, Wolfgang Obenland, Program Coordinator of the Global Policy Forum, analyses the negotiations on the outcome document of the Third International Conference on Financing for Development, scheduled to take place from 13 to 17 July 2015 in Addis Ababa, and shares his assessment regarding its progressiveness.