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Post 2015: Global Action for an Inclusive and Sustainable Future

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mainly countries in Europe, north america, <strong>an</strong>d<br />

parts of East asia <strong>an</strong>d oce<strong>an</strong>ia. ‘South’, on the other<br />

h<strong>an</strong>d, is used to indicate the poorer countries of<br />

africa, asia <strong>an</strong>d central <strong>an</strong>d South america.<br />

Policy Coherence <strong>for</strong> Development (PCD) refers<br />

to the need to ensure that, as much as possible, a state’s<br />

policies other th<strong>an</strong> its development cooperation<br />

policy do not undermine (‘do no harm’) <strong>an</strong>d indeed<br />

ideally also support development. this applies to<br />

both external policies (e.g. trade or security) <strong>an</strong>d<br />

internal policies (e.g. agriculture or fin<strong>an</strong>ce) that<br />

have external effects, which is increasingly the case<br />

as globalisation intensifies.<br />

South-South Cooperation (SSC) refers to ‘a broad<br />

framework <strong>for</strong> collaboration among countries<br />

of the South in the political, economic, social,<br />

cultural, environmental <strong>an</strong>d technical domains’<br />

(unDp). Development assist<strong>an</strong>ce is there<strong>for</strong>e<br />

only one element of SSc, which often combines<br />

lo<strong>an</strong>s, gr<strong>an</strong>ts, trade, investment <strong>an</strong>d technical<br />

cooperation. SSc is characterised by the principle<br />

of ‘non-interference’, this me<strong>an</strong>s it tends not to be<br />

conditional on the adoption of policies regarding<br />

govern<strong>an</strong>ce, or economic <strong>an</strong>d institutional re<strong>for</strong>m.<br />

although SSc may not come with policy-related<br />

conditions <strong>an</strong>d there<strong>for</strong>e appears more flexible<br />

that traditional oDa, it is often earmarked <strong>an</strong>d<br />

provided in the <strong>for</strong>m of in-kind gr<strong>an</strong>ts or lo<strong>an</strong>s <strong>for</strong><br />

projects or technical cooperation that are tied to<br />

purchases from the providing country.<br />

Structural tr<strong>an</strong>s<strong>for</strong>mation: Structural tr<strong>an</strong>s<strong>for</strong>mation<br />

(or structural ch<strong>an</strong>ge) usually refers to<br />

the reallocation of labour from low-productivity<br />

activities to more dynamic higher-productivity<br />

activities, which is a pre-requisite <strong>for</strong> sustainable<br />

economic <strong>an</strong>d social development. For inst<strong>an</strong>ce,<br />

timmer (2007) argues that structural tr<strong>an</strong>s<strong>for</strong>mation<br />

involves four main features: (i) a falling<br />

share of agriculture in economic output <strong>an</strong>d<br />

employment, (ii) a rising share of urb<strong>an</strong> economic<br />

activity in industry <strong>an</strong>d modern services, (iii)<br />

migration of rural workers to urb<strong>an</strong> settings, <strong>an</strong>d<br />

(iv) a demographic tr<strong>an</strong>sition that leads to a spurt<br />

in population growth be<strong>for</strong>e a new equilibrium is<br />

reached.<br />

a tr<strong>an</strong>s<strong>for</strong>mative agenda aims to achieve<br />

structural tr<strong>an</strong>s<strong>for</strong>mation while at the same time<br />

ensuring that it leads to a sustained <strong>an</strong>d inclusive<br />

development at the local, national <strong>an</strong>d global<br />

levels. a tr<strong>an</strong>s<strong>for</strong>mative development path requires<br />

profound ch<strong>an</strong>ges to infrastructures, production<br />

processes, regulation systems <strong>an</strong>d lifestyles. policy<br />

options, such as green growth, should be explored<br />

as <strong>an</strong> import<strong>an</strong>t me<strong>an</strong>s to promote sustainable<br />

development <strong>for</strong> inst<strong>an</strong>ce.<br />

poSt-<strong>2015</strong>: <strong>Global</strong> actIon For <strong>an</strong> IncluSIvE <strong>an</strong>D SuStaInablE FuturE<br />

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