Policy Coherence for Development in a post2015 Era Conference March 4 th 2014 Carl J Dahlman OECD Development Centre Structure of Presentation Key Global Trends Implications for Development Dynamics ID: 1027541
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1. Global Trends, Development Dynamics and the Role of the OECD “Policy Coherence for Development in a post-2015 Era’’ Conference, March 4th 2014Carl J. DahlmanOECD Development Centre
2. Structure of PresentationKey Global TrendsImplications for Development DynamicsKey Issues for a Renewed Global Partnership for DevelopmentRole of the OECD in Facilitating Transformational Change
3. Key Global TrendsEconomicIncreased competition and interdependenceRisk of other major global financial crisisSocialIncreasing inequality with-in and across countriesUnemployment/Youth inclusionEnvironmentalGlobal constraint on CO2 absorption-climate changeEnvironmental degradationTechnologyContinued ICT revolution impacting economy and societyIncreasing ability to engineer new materials and life forms GeopoliticalShifting balance of economic powerOutdated and incomplete global governance system
4. Changing Shares of Global GDP in PPPSource: IMF Datamapper
5. Implications for Development DynamicsBecause of greater global interdependence, the global context matters very much for developmentThere are many major global challenges that are not being sufficiently addressed and which have a major impact on global growth and developmentThere are still almost a billion people living in extreme poverty (less than PPP 1.25/day). They are very vulnerable to climate change and other external shockSome emerging middle income countries are increasingly important as sources of development assistance as well as development knowledge
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7. BRIICs in Global Income DistributionSource: Milanovic, B. (2012), "Global income inequality by the numbers: in history and now -- an overview --," Policy Research Working paper Series 6259, The World Bank.
8. Key Issues for Renewed Global PartnershipBecause of greater global interdependence development is not just about aidIt also depends very heavily on global economic environment and global public goodsTrade and Investment Financial stabilityKnowledge and technologyStable climatePeaceFreedom from communicable diseasesIncorporating fairness into global agreementsThere is a need to incorporate provision of global public goods into development debates and concerns with poverty reduction There is also a need to work more closely with new emerging powers inTechnical and policy knowledge for developmentFinancing for developmentImproving the global governance system
9. The Role of the OECDThere are many institutions working on developmentUN and other multilateral institutions such as WTO, WIPO G20, G8, Group of 77 and other ad hoc global organizationsMultilateral and private financial institutionsMNCs and private sectorThink tanks, consulting companies, and academicsNGOsFoundationsComparative advantage of the OECDPlatform to compare policy experience and seek answers to common problems—think tankIntergovernmental organization>more than think tankCapacity for benchmarkingAbility to coordinate domestic and international policies-- “Soft law”
10. Some Specific Areas Where the OECD Can Contribute (1)More analysis of key areas of the global system that are critical for developmentClimate changeCommunicable diseasesFinancial stabilityTradeInnovationBenchmarkingExtending Better Life index to developing countriesDeveloping indicators of policy coherence for development
11. Some Specific Areas Where the OECD Can Contribute (2)Policy coordination and coherenceBetter and broader coordination of development assistance including drawing on capabilities and experience of emerging countriesMore efforts to develop and disseminate policy and technical knowledge needed to tackle the multiple dimensions of development Developing alternative future scenarios to sensitize stakeholders about critical global issues that need to be addressed Greater efforts to help improve capacity in developing countries toDevelop strategies with more understanding of global context and national needsCoordinate and implement development strategiesImprove institutions and regulations to increase efficiency and flexibility to respond to changing needsIncrease the education and skills of peopleTake advantages of new technologies, and technical and organizational innovation
12. Thank you!Carl J. Dahlman OECD Development Centre carl.dahlman@oecd.org