This is a statement by Angel Gurría, Secretary-General, OECD, and Erik Solheim, Chair of the Development Assistance Committee (DAC), at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Voir la suite The international community is set to transition into a critical new phase in its fight against poverty. A number of key issues must be addressed if it is to be successful: disparities between countries must be reduced, as well as a range of inequalities within them. Providers of development co-operation must maintain their commitments on the quantity and quality of the resources they provide, and they must help developing countries mobilise more domestic resources. The OECD is uniquely placed and equipped to support these and other efforts with a number of adapted tools.
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This is a statement by Mr. Takehiko Nakao, President of the Asian Development Bank (ADB), at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Voir la suite He discusses some of the key development challenges in the Asia and Pacific Region and also outlines outline the ADB's proposed strategic directions to help this dynamic region in meeting its changing needs.
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This is a statement by Dr. Ahmad Mohamed Ali, President of the Islamic Development Bank Group (IsDB) at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Voir la suite He discusses the global economy in the post-crisis era, the economic prospects of IsDB member countries, and IsDB Group reponses. Major thematic areas supported by the IsDB Group are the following: fostering inclusive development, supporting agriculture development and food security, addressing youth unemployment, enhancing infrastructure development, Strengthening Economic Cooperation and Integration, and fostering Islamic finance. IsDB Group major initiatives include capital increase, resource mobilization, member country partnership strategy, reverse linkages, trade-related development assistance, Secretariat of the G-8 Deauville Partnership IFI coordination platform, MDGs and post-2015 development agenda, and celebrating 40th anniversary.
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This is a statement by Mr. Mohamed Boussaid, Minister of Economy and Finance of the Kingdom of Morocco, on behalf of the Constituency of Afghanistan, Algeria, Ghana, the Islamic Republic of Iran, the Kingdom of Morocco, Pakistan, and Tunisia at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
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This is a statement by Mr. Xiaozhun Yi, Deputy Director-General of the World Trade Organization (WTO) at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Voir la suite The WTO forecasts world merchandise trade to grow by some 4.7 percent in 2014, developing (including emerging) economies' trade flows still outpacing that of developing countries'. With their imports growing faster than their exports since the financial crisis, developing countries pull the developed countries' recovery, and contribute to reduce global imbalances.
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This is a statement by Luis Videgaray, Secretary Finance and Public Credit, Mexico, on behalf of Costa Rica, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Kingdom of Spain, and República Bolivariana de Venezuela, at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Voir la suite He stresses that multilateral coordination is the best asset to face global economic difficulties and to achieve the goals of fostering shared and sustainable prosperity, in order to eliminate extreme poverty by the year 2030.
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This is a statement by Minister Gerd Müller, Federal Minister for Economic Cooperation and Development, Germany, at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Voir la suite He discusses globalization with respect to the limits of our natural environment.
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This is a statement by Mr. Mitsuhiro Furusawa, Vice Minister of Finance, International Affairs at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Voir la suite He emphasises on: the International Development Association's( IDA's) role of providing valuable development expertise, as well as on the effect that loan programs from IDA to its client countries urge to pursue sound and responsible macro-economic policy that enables to pay back debts in a timely manner; and Japan's emphasis on support for infrastructure development, the formulation of development policies, and technical assistance for human resource development. He also traces Japan's emphasis on assistance in disaster risk management, global environmental issues, and healthcare, as it pays attention to factors that can impede inclusive and sustainable growth.
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This is a statement by Mr. Guido Mantega, Minister of Finance, Brazil on behalf of Brazil, Colombia, Dominican Republic, Ecuador, Haiti, Panama, Philippines, Suriname and Trinidad and Tobago at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Voir la suite The World Bank Group (WBG) support and urge to continue to be the multilateral platform for all regions in their paths of inclusive development. In this sense, the Brazilian-World Bank partnership through the creation of a knowledge hub in Brazil is serving as an important facilitating platform for knowledge sharing. The new country partnership framework (CPF) should continue to be a document establishing guidelines for the engagement of the WBG and client countries.
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This is a statement by Mr. Yaobin Shi, Vice Minister, Ministry of Finance at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Voir la suite He states that the international community should pay more attention to development, transfer more resources to developing countries, and provide stronger support for their economic growth, so as to inject lasting dynamism to sustain global economic development. The Bank Group should help channel capital inflows into real economy, by working across its institutions and with development partners, and fully utilize its global convening powers and comparative advantages in resources mobilization, financial innovation, and projects development.
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This is a statement by Mr. Lilianne Ploumen, Minister of Foreign Trade and Development Cooperation at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Voir la suite Growth numbers in advanced countries are picking up and many low-income countries (LICs) are maintaining strong growth while reducing poverty. Growth in many middle-income countries is strong as well, albeit below potential. Despite encouraging signs, significant development challenges such as extreme poverty in fragile and conflict-affected states (FCSs) and internal inequality persist. All countries will need to implement the right policy mix to strengthen their fundamentals, as they need to rely more on their own economy to secure strong, sustainable, and inclusive growth. The World Bank Group (WBG) has a central role to play in confronting these and other, sometimes overwhelming, country-specific challenges.
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This is a statement by The Right Honourable Justine Greening, MP, Secretary of State for International Development, and The Right Honourable George Osborne, MP Chancellor of the Exchequer, United Kingdom, at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Voir la suite They discuss the World Bank President Jim Kim's reform efforts, the engagement with resilience, fragile states, conflict and crises, and gender and anti-discrimination. It is essential that UN member states agree on a clear, compelling and inspiring framework that builds on and goes beyond the Post-2015 Millennium Development Goals.
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This is a statement by The Right Honourable Helen Clark, Administrator of the United Nations Development Programme and Chair of the United Nations Development Group, United Nations, at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Voir la suite She promotes more inclusive and sustainable patterns of growth in the post-2015 development agenda.
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This is a statement by H.E. Kittiratt Na-Ranong, Deputy Prime Minister and Minister of Finance, Thailand, representing the Constituency of Brunei Darussalam, Fiji, Indonesia, Lao PDR, Malaysia, Myanmar, Nepal, Singapore, Thailand, Tonga and Vietnam, at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Voir la suite He discusses growth in the post-crisis global economy: policy challenges for the developing countries, World Bank Group reforms, a successful IDA 17 replenishment, infrastructure financing, and mainstreaming disaster risks management in world bank group operations.
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This is a statement by Ms. Marie-Gabrielle Ineichen-Fleisch, State Secretary for Economic Affairs, Swiss Confederation at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Voir la suite There is evidence that economic growth has resumed in virtually all regions around the world, albeit at a varying rate. This encouraging trend has yet to translate into inclusive and sustainable development for all. High levels of inequality and persistent unemployment, in particular among the youth, raise concern that the benefits of economic expansion are not being shared equitably within societies. High inequality can inhibit progress in health and education, cause political and economic instability, and thereby reduce the pace and sustainability of growth. At the same time, the promise of greener and sustainable economic development is becoming less achievable as the frequency and severity of climate change-related natural disasters increases. In view of this, growth will only contribute to sustainable social and economic development if sound, responsible and inclusive policies and investments are put in place. It is the mandate of the World Bank Group (WBG) to support its public and private partners in achieving these objectives. The WBG internal reforms and the expanded financial capacities should strengthen this mandate and be assessed based on whether they enable the WBG to achieve these goals.
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This is a statement by Mr. Michel Sapin, Minister of Finance at the eighty-ninth meeting of the Development Committee held on April 12, 2014. He emphasize that the multilateral system is of great importance to the French government, as a pillar of international financial stability and inclusive and sustainable development.
... Voir la suite The World Bank is expected to play a leading role in facilitating the coordination between donors and driving innovative initiatives that are necessary in responding to growing needs with constrained resources. Despite their financial strength, international financial institutions will not solve, on their own, the challenges of development - but their experience, expertise, and their ability to gather and engage with stakeholders in recipient countries are their primary assets. This will require, within the framework defined by the discussions on the United Nations post-2015 sustainable development goals, rethinking the place of each institution in the multilateral system, the role of each instrument. This will also require devising the best way to develop synergies between public and private actors as well as articulating poverty reduction and sustainable and inclusive development. The most concessional resources - those provided by donors to the International Development Association (IDA) - focus on the most demanding challenges, where the situation is most difficult.
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This is a statement by Honarable Alexander B. Chikwanda, Minister of Finance at the eighty-ninth meeting of the Development Committee held on April 12, 2014.
... Voir la suite Sub-Saharan Africa (SSA) has continued to maintain a strong pace of economic growth on account of robust domestic demand and capital inflows. This trend is expected to continue as investments in infrastructure increase. This notwithstanding, poverty and unemployment remain high, and the uncertain global environment has only served to compound the risks to economic development. Achievement of sustainable and inclusive development under these conditions requires concerted efforts by governments and the development community in general.
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The technology and innovation landscape has changed considerably since 2006 when Finland as a Knowledge Economy: Elements of Success and Lessons Learned [see also report 39378] was first published by the World Bank Institute (WBI).
... Voir la suite Finland is known for its consistent progress in the economy and competitiveness, as well as the egalitarian society underneath it. Yet, the challenges experienced by Finland in the beginning of the 20th century were similar to those experienced by many countries today. Finland emerged as an independent nation in the midst of international economic and political turbulence. In spite of its remoteness, relative scarcity of natural resources, smallness of the home market and recent history characterized by wars and social cleavages, Finland transformed itself from an agriculture-based economy in the 1950's into one of the leading innovation-driven, knowledge-based economies and high-tech producers in the twenty-first century. The development was rapid, and involved determined action and sometimes drastic decisions by the government and other key actors. Today, at the end of 2013, Finland is facing new types of challenges both domestically and internationally in efforts to maintain its societal sustainability and economic competitiveness. Finland Knowledge Economy 2.0 presents some of the key policies, elements, initiatives and decisions behind Finland's path into the Knowledge Economy of today. The authors hope to provide the readers inspiration, new ideas, and novel insights. Hopefully some of the lessons learned may prove valuable in another context. Based on this account of the development of Finnish Knowledge Economy, the authors have identified six areas of lessons, each described in detail in respective chapters. The book should not be seen as a scientific all encompassing study, but rather as a "Knowledge Economy cook-book", with practical cases, links and insights provided for further exploration.
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Publication 86943 APR 08, 2014
Halme, Kimmo [Editor]; Lindy, Ilari [Editor]; Piirainen, Kalle A. [Editor]; Salminen, Vesa [Editor]; White, Justine [Editor]