Africa needs to take control over its own development strategy through a participatory and coordinated approach that involves a more effective mobilization and use of domestic financial and non-financial resources, the development of innovative and dynamic partnerships, and improved governance at both the national and multilateral levels. Better governance requires enhanced transparency, sound management of resources and a stable economic and regulatory environment.Recommendations on how to enhance the effectiveness of the UN system and multilateral institutions to support participatory development in Africa are discussed. These include the need to address coordination failures and the…
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The targets of international development strategies have not been met in the past. A different approach is needed. Implementation should be readily monitored, progress measured and, where necessary, supplementary actions identified. A revitalized flow of development finance through both official channels and private institutions is necessary. Democratic processes of good governance and increased trade openness are also required for a peaceful and prosperous world. More effective integration of the developing countries into the global trading system remains a major challenge. Enhanced access to and improvement of education, skills, infrastructure and new technologies are increasingly needed…
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The generation, quality and stability of employment are key strategic dimensions of development policy. Poverty is prominent among women; combating gender inequalities therefore forms an important component of poverty eradication. Policies for growth and job creation include support for labour-intensive sectors, self-employment and small and medium-sized enterprises. Macroeconomic stability and a consistent commitment to public investment in education, health, infrastructure and research are also required. In addition, new institutions are needed to improve the functioning of markets and countries' adaptability to globalization. Liberalization should be accompanied by actions, in both the…
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