Financing for Development: multi-stakeholder consultations on systemic issues
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February 17-18 2005 Consultation - Lima, Peru

"Systemic issues" refers to paragraph F 52-53 of the Monterrey Consensus. The consultations will explore the structure and policy-making processes of existing global rule-making institutions such as the World Bank (WB), the International Monetary Fund (IMF), the Bank for International Settlements (BIS) and the Financial Stability Forum (FSF). See more information.

Hosted by New Rules for Global Finance Coalition, ALOP and Financing For Development-UN.

update
Report on the event
The second round of Multi-Stakeholder Consultations on Systemic Issues took place to carry out the follow-up and explore alternative means of implementation of the provisions set forth in section F of the Monterrey Consensus. The purpose of this event was to hold an informal dialogue on issues related to financing for development and the fulfilment of the Millennium Development Goals (MDGs).
[see more]
Anti-poverty funds come with strings attached
The World Bank's soft loan arm, the International Development Association (IDA), will get a funding increase of 34 billion dollars from rich nations over the coming three years, the largest increase in two years.
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Book: "The future of development financing: challenges, scenarios and strategic choices"
At the beginning of the 21st. century the international development financing ‘system’ is really not much of a system. It is rather a collection of disjointed entities that lack coherence, often work at cross purposes and are not up to the task of mobilising finance in the amounts and ways required to assist a growing diversity of developing countries in their efforts to reduce poverty and improve living standards. Book written by Francisco Sagasti, Keith Bezanson, and Fernando Prada, pdf format.
[see more]
News Reports
Report on the event
Anti-poverty funds come with strings attached
Background reading
Book: "The future of development financing: challenges, scenarios and strategic choices"
International Monetary Fund - IMF: Choike in depth report
World Bank: Choike in depth report
Financing for Development - Monterrey 2002: Choike in depth report

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