Despite a recognition that poor countries will be hardest hit by the crisis even though they did not cause it, the development perspective has been largely absent from G20 debate, and therefore the political response to the financial crisis so far.
CAFOD partner NGO Forum on Cambodia met with European Policy makers at the European Development Days, in October, funded by DFID and BOND, as part of an effort to address this gap. They urged that “no country should be left behind” in the global recovery.
Developing countries have not been completely ignored. Unprecedented commitments by the G20 to examine innovative financing, efforts to put their own houses in order and support for protecting the poorest will help developing countries overcome the impacts of the global downturn, but they are only part of the picture. Continue reading