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Title Trade, investment and development : policy coherence matters
Published Paris, France : Organisation for Economic Co-operation and Development, [1999]
Online access available from:
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Description 1 online resource (81 pages) : illustrations
Summary The development process can advance more rapidly than ever before in the new global economy. While opening their economies to trade and investment is a necessary condition for developing countries to achieve sustained high growth and reduce poverty, it is by no means a sufficient condition. Initiating a sustainable dynamic growth requires sound, market-oriented economic policies; appropriate social policy frameworks, including strong investment in human capital and adequate social safety-nets; and good governance. But, as shown by the Asian financial crisis, weaknesses in any of these basic foundations make even successful developing economies vulnerable to crisis. OECD countries have a pivotal role to play in facilitating developing countries' efforts to fully exploit the benefits of open trade and investment. The key objective of this report is to identify how OECD countries can promote policy coherence by improving the framework for international investment and capital flows; addressing environmental concerns; facilitating participation of developing countries in the global information society; and enhancing the coherence of development co-operation policies. To be successful, policy coherence implies the broader agenda of consciously taking account of the needs and interests of developing countries in order for them to be effective rather than vulnerable and marginal players in the global economy
Analysis Economics
Bibliography Includes bibliographical references (pages 71-81)
Notes Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. MiAaHDL
Description based on print version record
Subject Economic assistance -- Developing countries.
Investments -- Developing countries.
Developing countries -- Commerce.
Developing countries -- Economic policy.
Developing countries -- Foreign economic relations.
Form Electronic book
Author Organisation for Economic Co-operation and Development.
ISBN 1280030623
Other Titles Policy coherence matters