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Financing for Development

Perspectives and Issues

image of Financing for Development

This publication addresses the key issues surrounding financing for development (FfD), the subject of the International UN Conference on Financing for Development (UNCFD) in Mexico in 2002. These key areas are: Domestic Resource Mobilisation; Trade Earnings; Private Capital Flows; Official Flows and Official Development Assistance; External Debt; Systemic Issues Concerning the Architecture and Functioning of the Overall Global Institutional System that Influences FfD. The book also has two introductory chapters setting out the background and rationale for UNCFD, and a summary at the end of the volume highlighting the main recommendations made in the six core areas, focusing on those that go beyond those of the Zedillo Panel Report (ZPR) and the Secretary General's Report (SGR). It is a useful guide for policy makers in developed and developing countries, private sector institutions and international financial institutions.

English

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Conclusions and Synopsis of Findings and Recommendations

In its first two sections, this report emphasises that UNCFD presents the first opportunity in decades for the global community to address issues concerning FfD in a holistic manner. The requirements and modalities for FfD in present circumstances are entirely different from those of the 1950s when the post-independence development financing enterprise began. The FfD options available at the beginning of the twenty-first century are more varied and fertile than those in the mid-twentieth century when the world was recovering from a devastating war and the Bretton Wood regime had barely established itself.

English

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