Policy Coherence for Development : A Background paper on Foreign Direct Investment

Meeting international commitments to development co-operation such as the Millennium Development Goals, the Monterrey Consensus on financing for development and the Gleneagles G8 summit agreements to increase aid by around $50 billion per year by 2010 will require not only increased resources, but also their judicious use. In this context policymakers and others cannot limit their attention to the effectiveness of foreign aid alone; they must broaden the discussion to include the development-related impacts of a spectrum of rich-country policies, including those related to investment, trade, and international migration (...).