G20 Seoul Development Consensus for Shared Growth (Annex I), 11-12 November 2010

Sectors : Transparency and accountability, Economic governance and public finance management, Financial Institutions, markets, services and microfinance
Organisation : G20
Date made: 
2010
Level: 
Heads Of State
AttachmentSize
G20-Seoul-Dev-Consensus-Shared-Growth-Nov-2010.pdf137.86 KB
You are viewing a filtered list of commitments, click here to view all commitments in this text

Commitments in: Governance - Transparency and accountability

“We therefore commit ourselves to a Multi-Year Action Plan to achieve these objectives.  This Plan will be based on the following principles, intended to capture the key characteristics of our actions and policies:...

... 6.      Outcome orientation. Focus on feasible, practical and accountable measures to address clearly articulated problems that are serious blockages to significantly improving growth prospects for developing countries. Such measures should have the potential to provide tangible outcomes and be significant in impact.  Implementation of G20 action on development should be monitored through an adequate accountability framework.”

 

Scope: 
International

Commitments in: Private Sector development and financial services for the poor - Financial Institutions, markets, services and microfinance

“We therefore commit ourselves to a Multi-Year Action Plan to achieve these objectives.  This Plan will be based on the following principles, intended to capture the key characteristics of our actions and policies:

1. Focus on economic growth.  Be economic-growth oriented and consistent with the G20 Framework for Strong, Sustainable and Balanced Growth, which requires narrowing of the development gap. More robust and sustainable economic growth in LICs will also go hand-in-hand with their capacity to achieve the MDGs.  Actions and policies should have the capacity to significantly improve the prospects for inclusive, sustainable and resilient growth above business as usual.”

 
Scope: 
International