CAPE CONFERENCE 2014 DAY 1 Simon Maxwell. 1.What did we do? 2.What did we learn? 3.Some brief...
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Transcript of CAPE CONFERENCE 2014 DAY 1 Simon Maxwell. 1.What did we do? 2.What did we learn? 3.Some brief...
CAPE CONFERENCE 2014DAY 1
Simon Maxwell
1. What did we do?
2. What did we learn?
3. Some brief reflections
4. What’s next?
What did we do?• Context and overview
• What lessons did the MDG era yield for development finance?
• Domestic revenue mobilisation, international public finance and the SDGs.
• What role for international public finance?
What did we learn?(18 speakers)
1. The world has changed (fewer LICs, more tax revenue)2. Aid remains essential for poorest countries.3. There’s a lot going on (SDGs, FFD, Sendai, UNFCCC, but also DAC on
definitions)4. There is lots of technical work to do on all aspects of finance for
development (oda, domestic revenue-raising, leveraging private finance)
5. Politics matters, nationally and internationally (e.g. wrt to tax, non-oda issues).
6. Global normative frameworks ‘can’ help focus minds.
Some brief reflections• Don’t think we all agree.• The world has changed – but not half as much as it is going to!• Active financial policy is an essential instrument for managing
transformation.• Active financial policy should be comprehensive and multi-level (don’t
ignore global issues).• Remember to build on what we have (OWG, ICESDF) and will have (SG
Report, ERD, flagship prep’n) • Managing the politics means solving the simultaneous equation.
What’s next?Leveraging the right entry points and finding the right priorities