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Important progress has been made towards developing a global partnership in support of national poverty reduction strategies. Nonetheless, the existing framework of that global partnership, the use of Poverty Reduction Strategy Papers as its main instrument, appears to be neither adequate nor effective. Aid recipient countries need to gain more ownership of their poverty reduction strategies. Aid and other international support should be provided under conditions which enhance, rather than restrict, domestic policy space in recipient countries. Multilateral trade negotiations need to be consistent with poverty reduction objectives and should not conflict with the development assistance… Download
Focusing international cooperation on climate change solely on the establishment of emission targets is not adequate: the latter does not adequately address developmental challenges or help achieve internationally agreed goals. The international development agenda needs to specify the actions and approaches required for ensuring economic behaviour that is compatible with environmental constraints in a way that minimizes aggregate costs, protects the vulnerable and maximizes economic growth. The integration of climate-change and development goals will require a fundamental reorientation of the current developmental trajectory so that the carbon intensity of production is reduced while… Download