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Delivering the Monterrey Consensus

image of Delivering the Monterrey Consensus

This publication follows up the Monterrey Conference on Financing for Development, which mobilised commitment on the part of key donors and developing countries to advance the development agenda. The Monterrey Consensus requires effective followup on the part of donors, developing countries and international financial institutions. This publication is based on the Special Theme of the Commonwealth Finance Ministers’ Meeting “Delivering the Millennium Development Goals” held in London, September 2002. Professor Sen raises some “uncomfortable issues” regarding the soundness of the Monterrey consensus and the need for more inclusive and “interactive encounters” on the basic approach chosen. Ministers are warned that delivering the consensus “will demand from them more than simple midwifery”. Includes the report of Civil Society Consultations as an appendix.

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A Concluding Remark

The Monterrey Consensus has received a good deal of criticism recently from civil society organisations. In ‘delivering the Monterrey Consensus’ or, more accurately, in promoting the objectives underlying the Monterrey Consensus, it is important to pay attention to these criticisms. Some of the criticisms can be answered (typically at a somewhat deeper level than the Monterrey meeting aimed at), while others require modification and broadening of the Monterrey approach.

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