TAILIEUCHUNG - Coherence for Development: Economic Recommendations for Spain

This paper looks at the coherence of development policies with regard to the consistency between, on the one hand, the objectives or results of a donor’s economic policies that have an impact on the countries receiving development aid, and, on the other, the objectives of the official international development cooperation policy. We have attempted to include all the economic policies that can have an impact on aid- receiving countries. Therefore, reference is made to policies connected with trade flows, emigrant remittances, foreign direct investment (FDI) and the developing countries’ external debt management, as well as international financial architecture (IFA). They. | Iliana Olivié and Alicia Sorroza Working Paper WP 14 2006 3 8 2006 Real Institute Coherence for Development Economic Recommendations for Spain Area International Cooperation Development - WP 14 2006 August 2006 Real Instituto E leant Coherence for Development Economic Recommendations for Spain 1 2 Iliana Olivié and Alicia Sorroza Summary This paper looks at the coherence of development policies with regard to the consistency between on the one hand the objectives or results of a donor s economic policies that have an impact on the countries receiving development aid and on the other the objectives of the official international development cooperation policy. CONTENTS List of Acronyms 2 1. Analysis Impact of Donor s Policies on the Development of Aid-Receiving Countries 4 . Trade Policy 4 . Emigrant Remittances 7 . Foreign Direct Investment and Development 10 . External Debt Restructuring and Cancellation 13 . International Financial Architecture and Aid-Receiving Countries 15 . How to Achieve Policy Coherence. Institutional Problems 17 2. Recommendations 21 . Trade Policy 21 . Recommendations Concerning Emigrant Remittances 22 . Possibilities of Action by the Spanish Administration concerning FDI 23 . Measures for the External Debt of Aid-Receiving Countries 23 . International Financial Architecture and Development 24 . International Development Cooperation Policy 25 . Respect for Policy Space 26 . Institutional Recommendations 28 References 32 Iliana Olivié Senior Analyst International Cooperation Development Elcano Royal Institute Alicia Sorroza Research Assistant Elcano Royal Institute 1 This working paper summarises the content of Informes Elcano nr 5 an Elcano report that is the result of joint work by a group of academics civil society representatives and the business sector and members of the Spanish Administration. The authors of this working paper and report coordinators accept full responsibility for its .

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