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Development Co-operation Report 2014

Mobilising Resources for Sustainable Development

image of Development Co-operation Report 2014

The Development Co-operation Report (DCR) is a yearly report by the Chair of the Development Assistance Committee (DAC) that addresses important challenges for the international development community and provides practical guidance and recommendations on how to tackle them. Moreover, it reports the profiles and performance of DAC development co-operation providers and presents DAC statistics on official development assistance (ODA) and private resource flows.

The Development Co-operation Report 2014: Mobilising resources for sustainable development is the second in a trilogy (2013-15) focusing on “Global Development Co-operation Post-2015: Managing Interdependence”. The report provides an overview of the sources of finance available to developing countries and proposes recommendations on how to mobilise further resources. It also explores how to mobilise resources to finance the provision of global public goods: for example, to combat climate change, promote peace and security, and create a fair and equal trading system.

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Supporting a fair and equal trading system

Throughout history, trade has helped to transform economies, reshaping the division of wealth and power. More recently, fragmented production chains offer developing countries the opportunity to enter international markets through specialisation in specific tasks and intermediate products. In addition, the international community has taken steps to make the world trading system more equitable and expanded World Trade Organization (WTO) membership to include most developing countries, most recently Yemen. The WTO Bali Ministerial in December 2013 concluded with several decisions which will further accelerate the integration of poorer countries into the world economy. The Aid-for-Trade Initiative helps to underwrite this progress by assisting developing countries to analyse, implement and adjust to trade agreements and to build their supply-side capacity and infrastructure to compete internationally.This chapter also includes an opinion piece by Roberto Azevêdo, Director‑General of the World Trade Organization, on how the full potential of trade for development is yet to be tapped.

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