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.