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University of Michigan Law School

Michigan Journal of International Law

Cooperation

2004

Articles 1 - 2 of 2

Full-Text Articles in Law

Development Finance: Beyond Budgetary "Official Development Assistance", Anthony Clunies-Ross Jan 2004

Development Finance: Beyond Budgetary "Official Development Assistance", Anthony Clunies-Ross

Michigan Journal of International Law

Budgetary appropriations by rich-country governments constitute the standard method of providing external funds for welfare and growth in developing countries. This source seems likely, however, to prove inadequate to meet the estimated external finance needed to contribute to the achievement of the Millennium Development Goals.


Financing For Development, The Monterrey Consensus: Achievements And Prospects, Abdel Hamid Bouab Jan 2004

Financing For Development, The Monterrey Consensus: Achievements And Prospects, Abdel Hamid Bouab

Michigan Journal of International Law

The International Conference on Financing for Development, held in Monterrey, Mexico, in March 2002, marked the beginning of a new international approach to dealing with issues of development finance. It resulted from a unique process that broke new ground in bringing together all relevant stakeholders in a manner that was unprecedented in inclusiveness. Under the umbrella of the United Nations, all parties involved in the financing for development process contributed to creating a policy framework, the Monterrey Consensus of the International Conference on Financing for Development, to guide their respective future efforts to deal with issues of financing development at …