Financing for Development
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FINANCING for development is undoubtedly one of the most important, if not the most important, issue facing the global movement today. Without resolving the scandal of inadequate financing, we cannot address the health, educational and economic issues that face the poor, nor can we hope to create a more stable world. Conferences on child trafficking, say, or HIV/AIDS may grab media headlines, but such issues all require the world to solve the matter of financing for development. We've prepared this edition with the March 2002 Financing for Development Conference in Monterrey, Mexico, in mind, and have invited an array of leading thinkers on global economic issues to contribute, in an attempt to provide insight and fodder for discussion. In our lead article, World Bank President James D.Wolfensohn suggests five areas in which results from the Monterrey conference could assist developing countries to reduce poverty and strengthen their economies. The Rt. Hon. Gordon Brown MP, Chancellor of the Exchequer, UK, reminds us of the important role FfD can have in alleviating the suffering of the world's children. Brown recently launched a proposal for a US$50 billion global development investment fund that marks one of the most creative and interesting ideas to emerge from an OECD state for some years. Contributors from OECD, the European Community, the IMF, the New Economics Foundation, the Bretton Woods Project, Focus on the Global South, the North South Institute, and voices from the poor, themselves, round out what we hope will be a useful springboard for discussion leading up to the conference in March.
- Financing for development - a time for action - World Bank President James D.Wolfensohn suggests five areas in which results from the March FfD conference could assist developing countries to reduce poverty and strengthen their economies.
- FfD and children - The Rt. Hon. Gordon Brown MP, Exchequer, UK, says 'ensuring a better future for the world's children means putting their needs at the centre of financial decision making and economic planning.'
- Development finance, policy coherence, governance - OECD's Development Assistance Committee Chairman Jean-Claude Faure emphasises the importance of good governance and the inclusion of the poor as full partners in development financing.
- Sustainable development can work in Mongolia
- FfD - what role for NGOs?
- The IMF's evolving role in poor countries
- Go with the flow?
- From hands-free to hands-off conditionality
- Where's the development?
- Huge debts are choking Indonesia
- Donors in the dock - rethinking ODA effectiveness
- Innovation and resistance - civil society and FfD