Even the WTO has no agreement that developing countries open up their financial markets. This is highly controversial. There is no international agreement. But there is no hint of this debate in the report. The report is also ill-timed, said the Social Watch coordinator.
Governments are here in Geneva now to negotiate and to take decisions.
This report pre-empts the discussion. The UN Secretary-General, and the heads of the OECD, the World Bank and the IMF appear to have already decided the issue. The OECD representative said that the request for a report on progress towards poverty reduction and how well aid was doing had come from the G-7. But the goals set in the report, he claimed, were goals derived from the UN conferences. But the OECD was challenged on this, and it was pointed out that the target for reducing poverty by year 2015 was one found in the OECD document about the 21 st century, and not the Copenhagen documents.