Mobilizing domestic resources for development - Chapter I

Chia sẻ: Nguyen Nhi | Ngày: | Loại File: PDF | Số trang:34

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Mobilizing domestic resources for development - Chapter I

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The Monterrey Consensus of the International Conference on Financing for Development (United Nations, 2002a) places the mobilization of domestic financial resources for development at the centre of the pursuit of economic growth, poverty eradication and sustainable development. It points to the need for “the necessary internal conditions for mobilizing domestic savings (and) sustaining adequate levels of productive investment” and stresses the importance of fostering a “dynamic and well-functioning business sector”. At the same time, it recognizes that the “appropriate role of government in market-oriented economies will vary from country to country” and calls for an effective system for mobilizing public...

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