52 In the News / Actualité The International Conference on Financing for Development, Monterrey, Mexico, 18-22 March 2002 SURYA SUBEDI The first UN Conference on Financing for Development was held in Monterrey, Mexico, between 18 and 22 March 2002 to adopt a new global approach to fi- nancing development in the 21st century. The object of the conference was to find ways of enabling developing countries to have more say in the future of the global economy. At the top of the agenda was reform of the world’s financial structures. Split into six segments, the agenda of the conference included coherence in do- mestic resources, the role of foreign direct investment, the impact of international trade on development, official development assistance and debt relief and interna- tional financial systems. The conference was expected to address the ways of get- ting the various fund providers to work together more coherently, with the UN playing a more effective rule. The Monterrey Conference was different in many respects from many other previous UN conferences. For the first time in the history of UN-hosted interna- tional conferences it allowed for the direct quadripartite exchange of views be- tween governments, civil society, the
International Law FORUM du droit international (continued in International Community Law Review) – Brill
Published: Jan 1, 2002
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