‘The future of development’ considers some of the key challenges facing all countries: the sequencing of different policy reforms and investment efforts; the role of private investment and foreign aid; the coherence of aid policies; the provision of global public goods; and the role of the international community in the protection and restoration of the global commons. As individuals get wealthier and escape poverty, the choices they make increasingly impact other people. More than ever the futures of advanced and developing countries are intertwined. The term ‘development’ is less and less about a geographic place and more and more about our collective ability to cooperate in harvesting global opportunities and managing the associated global risks.
