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Fostering Development in a Global Economy

A Whole of Government Perspective

image of Fostering Development in a Global Economy

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.

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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.

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