The evolving framework for international development
In the next six months the issue of international development and governance will be the focus of a number of meetings and summits. The UN, Organization for Economic Cooperation and Development, G20, and Bretton Woods Institutions all will gather together to exchange ideas on how to move global governance forward.
While the goals may be the same, the difficulty facing policymakers is how to reach consensus on how to achieve this goal.
“The broad challenge for the global governance of development is how to build consensus, mobilize resources, align incentives, and get effective implementation across these multiple groups. There is no denying the need for some form of global governance to coordinate efforts better,” writes Homi Kharas of the Brookings Institution.
Read Kharas’ essay on what these organizations should do to foster better international cooperation.