The Puzzles and Contradictions of Development Policy and Finance…. …and what it means for international ‘donorship’ and governance Kanni Wignaraja UN RC/UNDP REP, ZAMBIA September, 2013,. Changing Reality – Global Rebalancing?.
The Puzzles and Contradictions of Development Policy and Finance…. …and what it means for international ‘donorship’ and governanceKanni WignarajaUN RC/UNDP REP, ZAMBIASeptember, 2013,
Changing Reality – Global Rebalancing? Finance….
Growing Middle Class
Economic Growth Story
Human Development Story
What Makes for this Puzzling Scenario of Global Convergence with Local Divergence
So what works for more just, balanced and sustainable progress?
Making Big HD Strides with Local Divergence
Afghanistan, Timor-Leste, Burma, Angola, Ethiopia, Mauritius, Rwanda, Uganda, Sierra Leone, DRC, Liberia, Rwanda, Mali, Tanzania, Burundi, Mozambique, Niger
Inequality holding back MDGs & Poverty Reduction?
Brazil, China, India dramatically reduced proportion of income poor enabling global MDG 1 target met. But every point of growth in Brazil cuts poverty at 5 times rate in India
In Vietnam, rural poverty was reduced from 66% in 1993 to 45% in 1998, with lower levels of inequality
Ghana, Ethiopia significantly reduced both inequality and poverty
What Triggers a Different Development? with Local Divergence
Mix of Policy Choices?
A Few Illustrations
Where is ODA in this picture? with Local Divergence
Source: OECD DAC
The Changing Face of ODA with Local Divergence
Source: OECD DAC
How do we Address the Contradictions? take Zambia with Local Divergence
Focus has been on Economic growth
Focus must also be on Human Development
Shifting Patterns in Development Finance with Local Divergence
And ODA? To target the gaps; seed innovation; invest in national capacities focus on the Inequality and Rights agenda to get to the MDGs and Human Dev
A New Era of International Governance with Local Divergence
Converting growth to be more poverty reducing, by reducing extreme inequality and addressing injustice needs governance that enables…..
Going that tough Last Mile……
THANK YOU with Local Divergence