By Economic Commission for Africa
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Additional info for Transforming Africa: An Agenda for Action
We must have the sequence right. No one is going to save us from this crisis but ourselves. But we also have a right to expect international solidarity when we are taking proper ownership and leadership of this disease. In my view, this Forum is the start of a major process. 'There will be immediate pay-offs, as new strategies and successes are presented. 'There will be mobilisation on the African Consensus on HIV/AIDS. 'There will be follow-up with heads of state and government officials. And there will be a Leadership Challenge to be met by scaling up the national and international partnership against HIV/AIDS in Africa.
I t is clear that Africa's finance ministers fully understand what needs to be done. Increasingly, so do our international partners. he World Bank has adopted a Comprehensive Development Framework that takes a far more holistic view of economic reforms. 'The International Monetary Fund's Enhanced Structural Adjustment Facility has been changed into the Poverty Reduction and Growth Facility. Discussion of a new financial architecture is focusing on deepening financial reforms in emerging markets, as well as greater transparency and accountability by the multilateral financial institutions.
But even a phased-in 40% drop in agricultural trade barriers is calculated to have tremendous mutual gain. By the year 2005 it would provide a gain of $15 billion a year for developing countries, and it would produce a tremendous $55 billion in gain for OECD countries. 'The gain to you and other OECD countries would arise mainly through the reduction of inefficiencies in your systems. 'The truly odd thing is that we in the developing countries find ourselves arguing more actively than those in developed countries for you to take steps that will benefit you far more than it will benefit us!
Transforming Africa: An Agenda for Action by Economic Commission for Africa