The World Economic and Social Survey 2010

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(CC) ilco/Stock.xchng

(CC) ilco/Stock.xchng

The UN has launched the report, “World Economic and Social Survey (WESS) 2010: Retooling Global Development”. The study presents ideas that could become the basis for a new, coherent “toolbox” designed to guide development policies and international cooperation. The survey highlights the need for a strong mechanism for global economic coordination which establishes coherence across all areas of global economic governance.

Among the recommendations the WESS sets out are:

-strengthening government capacities for formulating and implementing national development strategies.

-doing more to ensure that official development assistance is aligned with national priorities.

-strengthening the international trade and financial systems so that countries with limited capabilities can successfully integrate into the global economy.

-creating new mechanisms for dealing with deficiencies.

The full text is available online.