Policy Coherence for Development : A Background paper on Foreign Direct Investment

Abstract

Meeting international commitments to development co-operation such as the Millennium\nDevelopment Goals, the Monterrey Consensus on financing for development and the Gleneagles\nG8 summit agreements to increase aid by around $50 billion per year by 2010 will require not\nonly increased resources, but also their judicious use. In this context policymakers and others\ncannot limit their attention to the effectiveness of foreign aid alone; they must broaden the\ndiscussion to include the development-related impacts of a spectrum of rich-country policies,\nincluding those related to investment, trade, and international migration (...).

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