The Comprehensive Development Framework
Just over a year ago, on January 21, 1999, the authors circulated a proposal for a Comprehensive Development Framework (CDF), a discussion draft. The response has been overwhelmingly supportive. By way of illustration, in September 1999, the develo...
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Format: | Report |
Language: | English |
Published: |
World Bank, Washington, DC
2020
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/208631583185352783/The-comprehensive-development-framework http://hdl.handle.net/10986/33432 |
Summary: | Just over a year ago, on January 21,
1999, the authors circulated a proposal for a Comprehensive
Development Framework (CDF), a discussion draft. The
response has been overwhelmingly supportive. By way of
illustration, in September 1999, the development assistance
committee of the Organization for Economic Cooperation and
Development (OECD) prepared 'on common ground', a
paper which reflects the consensus reached in the
international development community on the CDF's main
tenets. Another sign of this growing consensus is the recent
endorsement by the Governors of the World Bank Group and
International Monetary Fund (IMF) of CDF principles as the
basis for poverty reduction strategies for developing
countries seeking Bank or International Monetary Fund (IMF)
assistance, or debt relief under the Highly Indebted Poor
Country Initiative (HIPC). As the international development
community accepts the CDF as the approach to development
which complements the necessary macroeconomic growth
strategy without which poverty reduction cannot be achieved,
the CDF is evolving from a Bank proposal into a widely used tool. |
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