Contents
Abbreviations
Executive Summary
1. Introduction and Background
2. The Importance and Potential Value of UNCFD
2.1 An Eroding Public Mandate for Aid?
2.2 A New Raison d’Etre for FfD?
3. Mobilising Domestic Financial Resources for Development
3.1 Findings and Recommendations of the Zedillo Panel Report
3.2 Additional Issues for Commonwealth Finance Ministers
3.3 Targets for Increasing Gross and Net Domestic Savings
4. Maximising Earnings from Trade for Financing Development
4.1 Findings and Recommendations of the Zedillo Panel Report
4.2 Issues for Commonwealth Finance Ministers to Consider in Enhancing Trade Prospects
4.3 The Special Role of the Commonwealth Secretariat
5. Mobilising External Private Capital for Financing Development
5.1 Observations and Recommendations of the Zedillo Panel
5.2 Issues for Commonwealth Finance Ministers to Consider in Mobilising Private Capital
6. Mobilising Official Development Assistance for Financing Development
6.1 A Contextual Digression on Whether Aid Works
6.2 Issues Raised by ZPR/SGR on Increasing Official Resource Flows
6.3 Prospects for Increasing ODA and Other Official Resource Flows
6.4 Global Taxation as a Means for Financing Development
7. Reducing Issues and Changes in the Global Institutional Architecture
7.1 Issues Raised by ZPR on External Debt
7.2 Issues for Consideration at UNCFD on Resolving External Debt Problems
8. Systemic Issues and Changes in the Global Institutional Architecture
8.1 Systemic Issues Raised by the Zedillo Panel Report
8.2 An Agenda for the Commonwealth
9. Conclusions and Synopsis of Findings and Recommendations
9.1 Domestic Resource Mobilisations (Section3)
9.2 Enhancing Earnings from Trade (Section 4)
9.3 Private Capital Flows (Section 5)
9.4 Official Aid and Capital Flows (Section 6)
9.5 Reducing External Debt Burdens (Section 7)
9.6 Systemic Issues and Global Institutional Architecture (Section 8)
Annex
Bibliography
Tables
Box