The Development Dimension

Sahel and West Africa Club

ISSN :
1990-1372 (online)
ISSN :
1990-1380 (print)
DOI :
10.1787/19901372
Forthcoming Titles
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A series of OECD books analyzing  the development aspects of policies in other domains, such as economic, financial, environmental, agricultural or trade policies. By systematically taking the development dimension of member country policies into account, OECD analysis and dialogue can help change behaviour in support of development in an ever more integrated, interdependent global economy.

Also available in: French
 
Fostering Development in a Global Economy

Fostering Development in a Global Economy

A Whole of Government Perspective You do not have access to this content

Authors:
OECD
Publication Date :
27 Sep 2005
Pages :
160
ISBN :
9789264010154 (PDF) ; 9789264010147 (print)
DOI :
10.1787/9789264010154-en

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What does policy coherence for development mean? Increasing global integration through trade, capital and labour mobility brings increasing mutual responsibilities and mutual policy repercussions. These realities call for greater coherence between the various OECD country policies that shape and impact today’s rapidly evolving global economy.

The essays in this volume address controversial policy issues affecting development today, ranging from increasing capital flows, financial regulation and socially responsible investment to achieving the Millennium Development Goals. This collection represents an important contribution to the knowledge of the effects of interdependence and policy coherence on the relationship between OECD countries and the developing world.

Also available in: French

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  • Introduction

    Coherent policies for development … cannot be mandated by the development community. But we have both a need and a responsibility to ensure that the development dimension is indeed fully understood and taken into account, since if it is not, much of our spending will be merely offsetting the costs imposed on our partners by other policies of our own governments.

  • The Shifting Balance in the Global Economy
    The combination of increasing global integration and internationally agreed development goals puts pressure on OECD countries to share the economic advantages of the market economy. They need to ensure that the global system is flexible enough to adapt to changes in economic power and that the dispossessed are not left behind.
  • Macroeconomic Policies
    The era of unidirectional impacts of OECD country macroeconomic policies on developing countries is past. The emergence of China and India in the world economy is ever more evident. Cross-border financial links are ever more intense and leveraged. Trade and production are ever more integrated between OECD and developing countries.
  • Development in International Financial Policies
    The provision of adequate and stable financial public and private financial flows to developing countries is necessary to address the poverty-reduction and sustainable development challenges of the 21st century. This requires reforms to the international financial architecture that are coherent with growth and development objectives.
  • The Politics of Policy Coherence
    Promoting the policy coherence for development agenda entails a commitment on the part of OECD member governments to economic and institutional reform and change. But since domestic arrangements for policy making and resource allocation tend to be sticky, the question arises as to whether there are particular political settings which are most likely to give rise to greater demands for policy coherence.
  • Policy Coherence and Development Evaluation
    Sound monitoring and evaluation arrangements help to minimise unnecessary incoherence between policies by contributing to evidence-based policy design and sound public sector management. Evaluation of policy coherence for development is an area that is largely unexplored.
  • OECD Action for a Shared Development Agenda
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