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The Comprehensive Development Framework / Wolfensoh, James D.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Wolfensoh, James D.
- Series:
- Speeches of World Bank Presidents.
- World Bank e-Library.
- Speeches of World Bank Presidents
- Language:
- English
- Subjects (All):
- Development Economics and Aid Effectiveness.
- Finance and Financial Sector Development.
- Governance.
- Human Capital.
- Inequality.
- International Governmental Organizations.
- Macroeconomics and Economic Growth.
- Poverty Reduction.
- Local Subjects:
- Development Economics and Aid Effectiveness.
- Finance and Financial Sector Development.
- Governance.
- Human Capital.
- Inequality.
- International Governmental Organizations.
- Macroeconomics and Economic Growth.
- Poverty Reduction.
- Place of Publication:
- Washington, D.C. : The World Bank, 2000.
- System Details:
- data file
- 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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