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Article: A 'Monterrey Consensus' might replace the washington consensus.(official development assistance for developing countries)(Brief Article)(Statistical Data Included)
- Article from:
- UN Chronicle
- Article date:
- March 1, 2002
- Author:
CopyrightCOPYRIGHT 2002 United Nations Publications. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The first major conference that has been undertaken by the United Nations in close partnership with the World Bank, the International Monetary Fund, the World Trade Organization, other UN agencies and representatives from civil society and the business sector stands to become a turning point in the fight to reducing poverty and improving living conditions in developing countries.
The Conference--formally known as the International Conference on Financing for Development (March 2002, in Monterrey, Mexico)--aims to establish more concrete actions rather than declarations. Its goals are to: increase private foreign direct investment (FDI) and official development ...