Quote of the day – finance for development

Wikipedia’s view of where developing countries are

From Tove Maria Ryding and María José Romero, an article in The Guardian, looking at the UN’s Finance for Development process, and a high-level conference set for Adis Ababa in July:

“Finance for Development (FfD) is not a fundraising event. It focuses on systemic issues such as illicit financial flows, sovereign debt crisis, private financial flows, trade, investment and global governance. Improving these would greatly contribute to the eradication of poverty and to financing sustainable development.”

Indeed. It is an important article summarising some crucial trends now underway.

And it has a strong tax justice element. Ten years ago, that would not have been the case.