Davos Annual Meeting 2005 - Funding the War on Poverty

http://www.weforum.org/

A substantial boost to aid flows, major improvements in market access, and debt relief on more generous terms are needed to create a solid foundation for rapid growth and competitiveness in the developing world. New paths based on close cooperation and shared responsibilities between donor countries and developing nations, as well as the private and public sectors should be fully explored.
1) Are recent proposals for innovative sources of financing, such as the UK International Finance Facility or the "Lula Fund" viable options?
2) Will improved market access and FDI eventually replace traditional aid flows and permit a more effective integration of the developing world into the global economy?
3) If so, what are the three or four key steps which developing countries should take in order to fully benefit from international trade and to attract higher volumes of FDI? Can trade integration help?
Gordon Brown, Chancellor of the Exchequer of the United Kingdom
William H. Gates III, Co-Founder, Bill & Melinda Gates Foundation; Chairman and Chief Software Architect, Microsoft Corporation, USA
Luiz Inacio Lula da Silva, President of Brazil
Benjamin William Mkapa, President of Tanzania
Jeffrey D. Sachs, Chair and Director, Earth Institute, Columbia University, USA
Domenico Siniscalco, Minister of Economy, Finance and the Treasury of Italy
Moderated by
William H. Frist, Senator from Tennessee (Republican), USA; Majority Leader, US Senate

• Category

  News & Politics

[Joseph Landrut]

The world will support 18 million people when we come to terms with the value of the needy and how they will contribute to society. Everyone is considered equal and as the right to enjoy life.

[Joseph Landrut]

Under developed countries should be encouraged to form co-operatives to control the sale of their products and raw materials to western nations.

[MrRyanSams]

and I would be, help him today. help President Mkapa today, help today... something, something, something today, stand up, today... it's not ok, today... today... today.

[qwertypoiu4321]

Free Trade!!! It would end all poverty!!!

[Alan Kocinba]

today

[judoisoww]

need to cut it down and edit

[shiny black]

Mr Brown is right about it , the debt needs to be wiped out. once and for all, especially when the policies rulling them countries in debt do not help them to get out of the debt.

[undeadpresident]

Yes, money will help everyone's lives get better. What we need is more money. For everyone. Once the global population is thoroughly reliant upon it for sustenance, we can implement our plan for a cashless society by implanting the populace with our microchips. From there we will have no more security problems because everyone's location will be tracked at all times. We'll all be hard working drones of the grand global empire. At the mercy of their unparallelled tyrany.

[Paul Kangas]

Bill Gates, I am just asking you to test the ability of autoimmuneurine therapy to cure TB. Start small. Test just 10 people. If it cures 6 of them, wow, that is very significant.

[Ecofinder Kenya]

Both Have a role to play.The developed World in terms of honouring their committments and making trading regimes fair.The poor countries in terms of ensuring that resources availed are invested prudently and not through bottomless pit corruption rampant in Africa etc.