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Global governance and global rules for development in the post-2015 era

image of Global governance and global rules for development in the post-2015 era
The present Note examines how global cooperation through its various institutions and rules could be reformed and strengthened to better manage the increasing interdependence among countries and reduce inequalities within and among countries, part of which originate from inadequate global governance. It further considers how international cooperation could be transformed to better serve the fulfilment of internationally recognised economic, social and environmental standards in the post 2015 era, while preserving sufficient policy space for governments to achieve their own national objectives. The Note also identifies main principles to guide this reform process. Finally, it suggests a greater role for the UN in setting up the reform agenda of global governance and rules as proposed here to facilitate the achievement of sustainable development world wide.

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Acknowledgements

The present note reflects the collective views of the members of the Committee for Development Policy. The analysis and ideas that they contributed during its preparation are greatly appreciated. Special thanks should be extended to José Antonio Alonso, Giovanni Andrea Cornia, Ana Luiza Cortez, Diane Elson, Sakiko Fukuda-Parr, Stephan Klasen, Keun Lee, Leonce Ndikumana, José Antonio Ocampo, Tea Petrin, Claudia Sheinbaum, Madhura Swaminahan and Dzodzi Tsikata, who prepared background notes and contributed other materials that served as important inputs for both the Committee’s deliberations and the present Policy Note. The publication also relied on comments from other CDP members and the substantive support from Ana Luiza Cortez, Hiroshi Kawamura and Namsuk Kim of the CDP Secretariat.

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