Saturday, October 09, 2010

South Korea puts development on the agenda for Seoul G20 summit


With its own memories of the development experience still fresh, South Korea is well placed to broaden the G20's usual scope

When Seoul hosts the G20 in November, development issues will be squarely on the agenda for the first time since the top steering group for the global economy was created in the midst of the 2008 financial crisis, according to Ho-young Ahn, South Korea's ambassador at large for the G20.

Ambassador Ahn spoke at a Center for Global Development (CGD) policy breakfast held last week in New York ahead of the UN Summit on the millennium development goals. The breakfast, hosted by the CGD president Nancy Birdsall, included senior officials from the World Bank; the African Development Bank; US government agencies; other leading bilateral aid donors; and the next two G20 host nations, France (2011) and Mexico (2012). Also present were several prominent development economists.

See full Article.