Inter Agency Task Force On Financing For Development Inaugural Report 2016

The Inter-Agency Task Force Report will assess progress in the seven action areas of the Addis Ababa Action Agenda, such as (i) domestic public resources; (ii) domestic and international private business and finance; (iii) international development cooperation; (iv) international trade as an engine for development; (v) debt sustainability; (vi) addressing systemic issues; and (vii) science, technology, innovation and capacity building. The 2016 report lays out the commitments contained in the Addis Agenda in a systematic manner, and presents options for monitoring these commitments. The report primarily targets Member States, particularly policymakers from ministries of finance, trade, foreign affairs and development cooperation, as well as central banks, local authorities, regulators and parliaments.

The Inter-Agency Task Force Report will assess progress in the seven action areas of the Addis Ababa Action Agenda, such as (i) domestic public resources; (ii) domestic and international private business and finance; (iii) international development cooperation; (iv) international trade as an engine for development; (v) debt sustainability; (vi) addressing systemic issues; and (vii) science, technology, innovation and capacity building. The 2016 report lays out the commitments contained in the Addis Agenda in a systematic manner, and presents options for monitoring these commitments. The report primarily targets Member States, particularly policymakers from ministries of finance, trade, foreign affairs and development cooperation, as well as central banks, local authorities, regulators and parliaments.

The Financing for Sustainable Development Report (FSDR) assesses progress in implementing the commitments and actions in the Addis Ababa Action Agenda. Global sustainable development prospects continue to diverge. Two years ago, in the midst of the COVID-19 pandemic, the Inter-agency Task Force warned of a global divergence that could lead to a lost decade for development. By 2022, these risks had materialized--a great finance divide was translating into a development divide. Over the past 12 months, the war in Ukraine, sharp increases in food and energy prices and rapidly tightening financial conditions further exacerbated challenges for many countries, increasing hunger and poverty and reversing progress on the Sustainable Development Goals (SDGs). Despite some positive signs, the global macroeconomic outlook remains highly uncertain and particularly bleak for many of the poorest and most vulnerable countries faced with growing debt service burdens and tight fiscal constraints. Delaying investment in transformation is thus not an option. The multiple crises can shorten the time horizons for decisions--by policymakers, investors, businesses and individuals. Delaying investments would put the 2030 targets out of reach and exacerbate financing and macroeconomic challenges down the line. Sustainable and productive investments today can transform and diversify economies and enhance resilience to shocks, including inflationary supply-side shocks, tomorrow. As laid out in the 2022 Financing for Sustainable Development Report, such investments also enable countries to mobilize resources over time and better service debt. This is why the 2023 Task Force report focuses on sustainable transformations, including a roadmap for governments, along with changes in the way finance works.

The World Investment Report series provides the latest data and analysis foreign direct investment (FDI) and other activities of transnational corporations, as well as the policies to regulate them at the national and international levels. It aims to analyse the cross-border activities of translational corporations and related policy measures with a view to helping policymakers formulate appropriate policy responses. The special theme of the 2016 Report examines the ownership of multinational enterprises and the control of affiliates, analyzing related key and emerging policy issues. These include entry conditions for foreign investors and treatment of established investment, as well as investment promotion and facilitation. Bringing together an innovative analysis of complex multinational ownership structures and relevant policy practices, the focus of the report is on the effectiveness of existing policies for distinguishing between "domestic" and "foreign" companies in a globalized economy. The report provides policymakers a new framework for handling ownership issues in 21st century investment policymaking.

Graduation is the process through which least developed countries (LDCs) cease to be members of the LDC category, in recognition of their advances in development. In principle, it marks a shift from dependency to a greater degree of self-sufficiency and emergence from the development "traps" which beset LDCs. However, the loss of access to international support measures (ISMs) tied to LDC status at graduation can give rise to important economic costs, including an estimated 3–4 per cent of export revenues in the case of trade preferences. During the 45 years since the establishment of the LDC category, only four countries have graduated from LDC status; and the Report's projections indicate that the target of half of the LDCs graduating by 2020 is unlikely to be met. This partly reflects the inadequacy of the existing ISMs. The projections also suggest a fundamental shift in the composition of the group, which by 2025 will consist almost entirely of African countries and include only one small-island economy. The Report argues that graduation should be viewed as part of a longer and broader development process, and emphasizes the need for "graduation with momentum" - an approach which goes beyond fulfilment of the statistical criteria for graduation to lay the foundations for future development. This means prioritizing structural transformation of the economy, development of productive capacities, upgrading technology and raising productivity. The Report highlights several policy areas essential to achieve "graduation with momentum" - rural transformation, industrial policy, science, technology and innovation policy, finance and macroeconomic policy, employment generation and women's empowerment. It calls on the international community to contribute by fulfilling their commitments in areas such as aid and technology. It also suggests possible revisions to the graduation criteria to reflect more appropriately issues such as structural transformation, environmental sustainability and gender equality.

The Financing for Sustainable Development Report 2019 assesses the global economic context for development financing, highlighting growing global risks and challenges, and the need for collective action to create a more enabling international environment. This global context chapter is complemented by a thematic chapter focused on national financing frameworks for the SDGs - laying out actions that countries can take to finance their national strategies and plans and implement the Addis Agenda at the country level. The remainder of the report assesses progress in the seven action areas of the Addis Ababa Action Agenda.

This book presents a broad range of empirical research papers covering key issues in development finance. Despite having gained significant momentum in Africa and other emerging economies, textbooks and research publications on development finance are still very limited. This book shines a light on the main focal areas of the international ‘finance for development’ agenda and outlines innovative approaches to enhance economic growth and development finance to contribute towards realizing global sustainable development goals. Chapters from expert contributors cover topics such as domestic resource mobilization, debt relief, microfinance, financial sustainability, tax buoyancy, Foreign Direct Investment, foreign capital flows, and labour productivity. This book serves as a valuable reference tool for researchers, students and practitioners in this field.