Development Centre

Development Centre Newsletter - May - July 2016

 

Future strategic directions for the Development Centre set at High-Level Meeting


Ministers and high-level representatives of the 51 Members of the Development Centre, including President Macky Sall of Senegal, gathered under the co-chairmanship of the People’s Republic of China and France on 2 June for the Centre’s 3rd High-Level Meeting (HLM). Members endorsed the Development Centre’s strategic directions for 2017-18. They reaffirmed the Centre’s role as an inclusive platform for analysis and policy dialogue, notably to support the implementation of the Sustainable Development Goals. Participants congratulated Japan on its welcome return to the Development Centre on 1 June.

The HLM was held back-to-back with the 8th International Economic Forum on Latin America and the Caribbean on New Challenges and Innovative Partnerships in a Shifting World and the meeting of the Emerging Markets Network on Reviving Investment: New Opportunities, New Players, on 3 June.

3rd High-Level Meeting (HLM)

8th International Economic Forum on Latin America and the Caribbean
EMNET Latin America meeting
The OECD Development Centre welcomes Japan’s joining

Is urbanisation advancing Africa’s development?


Urbanisation is transforming African societies profoundly and rapidly. But is it helping Africa’s structural transformation? Not enough, says the 15th edition of the African Economic Outlook (AEO) launched on 23 May at the African Development Bank’s Annual Meetings in Lusaka, Zambia. Since two-thirds of the investments in urban infrastructure needed by 2050 to support Africa’s  fast-growing  urban population have yet to be made, the scope is large for new, ambitious urban policies to turn Africa’s urbanisation megatrend into an engine of sustainable development. Consult the full report, as well as past ones, on the new AEO website.

Tracking Progress, Accelerating Transformation: Achieving the Istanbul Programme of Action by 2020


Least developed countries (LDCs) remain highly dependent on official development assistance (ODA).While ODA to LDCs increased by 4% in real terms in 2015 (slightly reversing a negative trend), donors still are  far from meeting the UN target of allocating at least 0.15% to 0.20% of Gross National Income as ODA to LDCs. This is the main conclusion of Tracking Progress, Accelerating Transformation: Achieving the Istanbul Programme of Action by 2020, a jointly produced report launched by the Development Centre at the Mid-Term Review  of the Istanbul Programme of Action  for Least Developed Countries on 27-29 May. LDCs are states around the world recognised as the most vulnerable and disadvantaged. The group now consists of 48 countries, 34 of which are in sub-Saharan Africa, having doubled in size from an original 24 countries.  This report also highlights recent accomplishments and missed opportunities for LDCs in the context of an unfavourable global economic environment and in the face of inadequate delivery of global commitments.

Extractives for development: creating value, mobilising resources, delivering better deals


At the Sixth Plenary Meeting of the Policy Dialogue on Natural Resource-Based Development on 22-23 June, participants welcomed the newly published Framework on Collaborative Strategies for In-Country Shared Value Creation as a useful tool to align stakeholders’ interests and initiatives. Faced with the current downturn in commodity prices, participants recognised the usefulness of stabilisation funds as a means to smooth revenues through boom and bust cycles to maintain consistency in the spending level over time.

Building on the shared commitment of both governments and industry “to get not only the deal right, but also the right deal” participants agreed to explore how to construct contracts for the long term, with the objective of striking deals able to withstand the test of time. This will help governments and industry negotiate better contracts. It also will enable them to ensure the ongoing monitoring and administration of such contracts by managing expectations both in good and bad times, reduce asymmetries of information, and ensure predictability.

Inclusive policies need more youth-specific data


Youth are not all the same. To understand the complexity of youth livelihoods and better target policies, reliable, age-disaggregated national data and improved participation of young people in policy processes are prerequisites. These were the main conclusions of the European Development Days  2016 session “Better policies for better youth livelihoods” organised by the OECD Development Centre in collaboration with the Commonwealth Secretariat. Today's world youth population aged 15 to 24 represents the largest cohort ever to transition to adulthood. The majority of youth in developing countries are economically and socially marginalised. A targeted approach will help identify the different needs of youth and design inclusive policies.

Youth Inclusion Project (2014-2017)

May / July

• Future strategic directions for the Development Centre set at High-Level Meeting

• Is urbanisation advancing Africa’s development?

• Tracking Progress, Accelerating Transformation: Achieving the Istanbul Programme of Action by 2020

• Extractives for development: creating value, mobilising resources, delivering better deals

• Inclusive policies need more youth-specific data

visit our website at www.oecd.org/dev

Events

• Nairobi, 18-20/07/2016

UNCTAD 14 Conference

 

 

• Paris, 29/9/2016

International Economic Forum on Africa: Making Africa’s Cities Sustainable

•Paris, 28/09-03/10
DEV Week

 

Did you know?

…Agriculture offers great opportunities to drive development of Myanmar economy

…Real economic activity in Southeast Asia (ASEAN 10) is projected to grow at an average rate of 4.9% in 2016.

Development Posts

By Dr. Carlos Lopes
Africa’s Blue Economy: An opportunity not to be missed

By Andrea Vignolo and Karen Van Rompaey
Revising ODA in the era of SDGs

Media

The Guardian
Africa's urbanisation 'megatrend' needs to deliver growth, says report

ABC TV Paraguay
El presidente Horacio Cartes participó del foro de la Organización para la Cooperación y Desarrollo Económico (OCDE).

Abidjan TV
Kablan Duncun-premier Ministre: La Côte d’Ivoire est Pre-émergente

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Read more on our ongoing projects:

- Social Institutions and Gender Index

- Policy Dialogue on Natural Resource-based Development

- OECD Initiative on Global Value Chains, Production Transformation and Development

- OECD Multi-dimensional Country Reviews

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