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Henri Raubenheimer
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In discussions on section one (globalization) and the first chapter of section two (domestic resources),
Henri Raubenheimer, South
Africa, specified more emphasis on multilateralism, international partnerships and the issue of capital flight, and proposed adding transparency and predictability to the global governance principles in paragraph four. On financing and conditionalities, he stressed adjusting goals and standards to national conditions
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South
Africa called for improving policy and regulation networks to facilitate private sector decisions related to FDI
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Richard
Terell Miller, US dismissed key parts of the text as “woefully inadequate” and rejected it as a basis for discussion. He said that globalization is a fragile process that depends on continuous will and that one cannot enjoy its benefits without paying costs. He rejected numerous references in the text, including, inter alia, notions of inequitable globalization, increasing polarization, asymmetries in the system, international responsibilities for development, and global economic and social governance. He stressed that the goal of this process is not to strengthen multilateralism but to stimulate national actions in meeting country responsibilities. Noting that the market should determine investment flows, he objected to notions of a government role in income distribution and providing credit for all. He said opportunities for country participation in decision-making are adequate
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Vijaya
Thakur Singh, India, suggested clarification on global public goods (GPGs) and taking into account different development needs
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Vijaya Thakur Singh
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Jana
Simonová
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Jana
Simonová, Czech
Republic, called for clarification on country responsibilities for resource mobilization, and proposed elaboration of: specific nationally-driven poverty reduction goals and development strategies; linkages among economic, social, fiscal and trade policies; and coordination and partnerships at the national level
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Eduardo
Galvez, Chile, underscored the importance of equity in development
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Eduardo Galvez
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Frédéric Renard
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The
EU suggested separating principles from concrete initiatives.
Boosting entrepreneurship is paramount, he said, but the text should
have a pro-poor orientation and consider rights in the workplace. In
paragraph 12, he said a true partnership encompassing all aspects of
development and financing had to be more than just a bargain of
certain policies in exchange for ODA
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Edouard
Aho-Glele, Benin, proposed that the FfD form a “mechanism” for mobilizing resources for LDCs
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Edouard Aho-Glele
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Rhoda Jackson
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Rhoda Jackson, Bahamas, on behalf of CARICOM, said that FDI is concentrated in a small number of countries and that creating enabling environments is necessary but not sufficient for ensuring FDI. She called for creating more investment agreements, arrangements for smaller economies, and government offices to facilitate investment
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Eddy
Lee, ILO, highlighted sound industrial relations that respect human rights, raise productivity and reduce poverty, and supported references to social security, pension schemes and workers� rights
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Eddy Lee
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Karl Sauvant,
The UN Conference on Trade and Development
(UNCTAD), proposed the UN create an ongoing forum to discuss FDI flows to developing countries, examine obstacles and best practices and minimize negative impacts
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Karl Sauvant
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Eduardo Doryan, Special Representative, The World Bank
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The World
Bank proposed discussion to clarify the role of private capital flows, and stressed the necessity of a good climate to attract FDI. At the national level, he encouraged �bridge-building� to help lubricate private capital and advocated investments �at home� that contribute to growth in a socially meaningful way
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Tetyana Anischuk
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Tetyana Anischuk, Ukraine,addressed FDI in facilitating transitions to a market economy and called for a separate paragraph reflecting the specific needs of countries in transition |
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Discussion of the Global Campaign on
Overseas
Development Assistance (OEA)
Louise Hilditch, Action Aid (left) with Jeff Laurenti,
UN Association of the USA
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Caucus
on Race, Poverty and Globalization
Anita
Nayar (center) with fellow participants
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R�gis
Avanthay
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R�gis
Avanthay, Switzerland,
identified section two as a crucial pillar of the FfD process, and
in paragraph 8 proposed, inter
alia: adding reference to medium-term frameworks, strengthening
budget management capabilities and tax structure simplification; and
including language on investment in infrastructure
Switzerland
supported public-private partnerships to boost technology transfer
and competition, and said ODA should serve as �leverage�
complementing other financial flows
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Mario Rietti,
Honduras, advocated linking the FfD process to the World Summit on Sustainable Development, proposed inviting regional development bank representatives to participate in the Conference, supported incentives for sustainable financial reform, and stressed transparency and ethics
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Mario Rietti
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The Panel with the two Co-Chairs in the foreground
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Erwin Ortiz,
Bolivia,
said that implementation requires follow-up to the Conference and
called for a political statement that defines such machinery
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Erwin Ortiz
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