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Challenges for spanish cooperation / Comment

Coherence for development: economic recommendations for Spain

17/07/2006 By Publicaciones ForoAOD, Iliana Olivié

Coherence of economic policies with development objectives implies that the economic policies – objectives and instruments –, created by donor countries and which have an impact on the socioeconomic development of recipient countries, must try to meet the development goals.

These policies include measures concerning international trade, migrants’ remittances, foreign direct investment (FDI), external debt and international financial architecture (IFA).

There are many ways through which these flows or economic policies can have an impact – either positive or negative – on the development of aid recipient countries. In this sense, it must be said that the economic relations between developing and developed countries are quite complex.

So are the conditions needed for a positive impact on the development of partner countries.

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Keywords

Aid effectiveness Coherence Development cooperation Spain

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• Spanish development cooperation: right on track or missing the mark?

Bio author: Publicaciones ForoAOD

The FOROAOD has been designed as a democratic experiment to involve citizens, policy-makers and academics from North and South in a consultation process about the Spanish Development Cooperation.

Bio author: Iliana Olivié

Main Researcher on International Cooperation and Development at the Real Instituto Elcano (Madrid, Spain).