This discussion paper proposes applying a new approach to international cooperation called ‘Global Public Investment’ to help design the proposed global fund for universal social protection. The proposed approach is applicable to this and other global social goods and global public goods.
Social protection being a social good, the paper argues there is a solid case for contribution by all to a social protection global fund that strengthens ownership and commitment and ensures sustainable financing. As such, GPI offers a strong and appropriate alterative to the current mode of thinking about development cooperation.
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