By María del Pilar Garrido Gonzalo, Director, Development Co-operation directorate, OECD
The recent Paris Summit for a New Global Financing Pact turned a page of the development co-operation history that was written in Bretton Woods in 1944. Back then, the International Bank for Reconstruction and Development (IBRD) and the International Monetary Fund (IMF) were founded with a limited scope, catering to a world of fewer than a hundred independent countries. The focus was on Europe’s reconstruction and balance of payments, illustrated by France’s pioneering IBRD loan. However, the landscape has drastically changed, with over 150 countries striving for high-income status, more than 650 million people in extreme poverty, and urgent challenges stemming from climate change and biodiversity loss.
Continue reading “A renewed ambition for development co-operation at the OECD”
By Laura Alfers, Director, Social Protection Programme, WIEGO – Women in Informal Employment: Globalizing and Organizing
Social contracts – the implicit agreements between citizens, the state, workers and enterprises on how to distribute power and resources in pursuit of common goals – are leaving too many workers around the globe without access to social or labour protections. And, while much of the debate about how best to provide these protections focuses on issues like financing, appropriate regulation and policy design – something central to the process of social contract formation is often left out or emerges as an afterthought. That is social dialogue.
Continue reading “Social contracts and social dialogue: A missing link”
By Ratnakar Adhikari, Executive Director of the Enhanced Integrated Framework Executive Secretariat at the World Trade Organization
Of the 46 least developed countries (LDCs), 16 are at different stages of graduation. And, though graduation offers many opportunities, it also presents its own unique challenges for countries in this category. As such, various international support measures (ISMs) have been put in place, or extended, to ensure smoother transitions and sustained developmental progress in the post-graduation phase.
Two key concerns for LDCs following graduation involve: preferential market access for export, and development assistance, such as concessional financing.
Continue reading “LDC Graduation: Stories of smooth transition”
By Rabah Arezki, director of research at the French National Center for Scientific Research (CNRS), senior fellow at the Foundation for Studies and Research on International Development (FERDI) and Harvard Kennedy School, former Chief Economist and Vice President at the African Development Bank and former Chief Economist at the World Bank’s Middle East and North Africa region.
Multilateral Development Banks (MDBs) have been in the news a lot lately. Leaders have called upon them to step up and help solve some of the world’s most pressing problems such as climate change, the debt crisis and fragility. The discussion on increasing the lending volume committed by MDBs has been at the centre of the policy agenda. But to achieve impact, MDBs must get the balance right between ideas and operations.
Continue reading “Getting the balance right between ideas and operations in Multilateral Development Banks”
By Pierre de Boisséson, Economist, and Hyeshin Park, Gender Programme Co-ordinator, OECD Development Centre
We all have biases when it comes to gender roles. From pre-conceived ideas about the kinds of roles men and women take on at home to the types of jobs for which they are suited. Shockingly, a significant portion of the population believes that men should have more rights and opportunities than women. While easily overlooked, these outdated ideas actually have staggering socio-economic ripple effects – limiting women’s agency and costing societies billions, if not trillions, of dollars in lost GDP.
Continue reading “Breaking the chains: how to overcome gender biases for true equality”
By Anzetse Were, Development Economist and Senior Economist, FSD Kenya
Discussions on green and climate finance in Africa often dwell on two issues. The first is why it’s so difficult to scale-up this type of financing on the continent. The second is the issue of layered risk: some are not keen to layer ‘ESG’ risk on top of ‘Africa’ risk in investments.
Continue reading “What does Climate Risk really mean for African economies?”
Par Will Mbiakop, Président exécutif, African Sports and Creative Institute et Federico Bonaglia, Directeur adjoint, Centre de développement de l’OCDE
Le marché du sport représente aujourd’hui environ 5 % du PIB mondial, avec une croissance annuelle de 4 % à l’échelle mondiale entre 2015 et 2020. L’écrasante majorité de cette richesse est cependant concentrée en Amérique du Nord et en Europe, et certaines régions du globe restent sur la touche. Pour réaliser le potentiel inexploité de l’industrie du sport comme levier de développement en Afrique, il faut faire connaitre les opportunités économiques qu’elle recèle, tout en améliorant le cadre général de l’investissement, le sujet au cœur du rapport Dynamiques du développement en Afrique 2023 : Investir dans le développement durable.
Continue reading “Investir dans l’industrie du sport en Afrique : un levier de développement inexploité”
By Benjamin Kumpf, Head of OECD Innovation for Development Facility, Leila Mucarsel, Doctoral Researcher and Lecturer in Transformative Innovation Policy at Universidad Nacional de Cuyo (Argentina) and Avilia Zavarella, Junior Innovation Specialist at OECD Innovation for Development Facility
In the face of the climate emergency, around 140 countries, which emit close to 90% of the global greenhouse gas emissions, are planning to reduce their emissions to as close to zero as possible (known as net zero) in the upcoming decades. Around a third of these are low and middle-income countries (LMICs),the countries most affected by climate change. So how can countries in the Global South achieve a socially-just transition? One key element is innovation, and potentially mission-oriented innovation.
Continue reading “Mission-oriented innovation: a suitable approach for just net zero transitions in the Global South?”
By Jason Gagnon, Head of Unit, Migration & Skills, OECD Development Centre and Jens Hesemann, Senior Policy Advisor, OECD Development Co-operation Directorate
A web of inter-linked factors force people to move. Among them, the effects of climate change have grown in importance since the Convention Relating to the Status of Refugees was drawn up in 1951. In fact, people displaced by the effects of climate change are out of scope from the Convention.
Continue reading “No longer a blind spot: Climate change adaptation policies must address forced displacement”
Par Carsten Staur, Président du Comité d’aide au développement (CAD)
Pourquoi certains membres du CAD déclarent-ils une partie du coût de l’accueil des réfugiés dans leur propre pays comme aide publique au développement (APD) ? C’est une bonne question. Voici la réponse.
Continue reading “La comptabilisation des coûts des réfugiés dans l’aide publique au développement : ce qu’il faut savoir”