G20 Development Working Group Submissions slide image

G20 Development Working Group Submissions

. • • • Kenya, Laos, Malawi, Mongolia, Mozambique, Nigeria, Uganda, and Zambia had produced some good results. They welcomed the fact that the G20 had followed through on several Commonwealth and OIF previous recommendations (e.g. on agricultural productivity, infrastructure, aid for trade). However, they noted that other recommendations remained outstanding (e.g. action on financial inclusion for small and vulnerable states, extension of trade preferences to SVEs, resilience profiling and consideration of small state MIC debt). With regards to future G20 work, participants believed that: Infrastructure, human resource development, private investment and job creation, and trade conditions between developed and developing countries should remain a focus for G20 development efforts; New areas for the G20 to consider included issues such as resilience, small state debt, climate change, financial and economic stability; global imbalances, natural resource management and financial regulation. 3.4.2 Targeted Interviews with LICS As part of its new accountability process, in 2013 the DWG also conducted interviews with LIC representatives from Ethiopia, Kenya, Tanzania and NEPAD to get their assessments of its performance - the key messages of which are distilled below. . Infrastructure is an area where the G20 made significant progress in identifying and putting a spotlight on the main constraints and bottlenecks, although interviewees would still like to see further concrete achievements. G20 needs to interact more with regional communities and find ways to foster regional integration. LICs required further assistance in designing and managing public-private-partnerships, and in negotiating with private companies. Saint Petersburg Accountability Report on G20 Development Commitments 78 . Such issues as HRD, food security, private investment and job creation, and knowledge Chapter 3 Outreach to Low Income Countries through G20 Development Working Group • • • • sharing are of utmost importance and the G20 was helpful as a platform for expression of the African voice on agriculture issues. Structural reforms intended to boost economic development and better integrate LICs into the global market have not yet been adequately addressed through the G20 and would require further efforts. The G20 should continue to improve coordination among IOs on the ground in LICs. More is expected from decisions that show policy coherence between domestic economic measures and development policies in the G20 countries. The need for better communications and consultations with LICS was highlighted. The G20 should consider making financial commitments for specific projects.
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