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8/12/2015
Financing for development | Maurice Mahadi
Introduction: The United Nations new Agenda1
for Sustainable development proposes 17
Sustainable Development Goals by embarking international institutions, banks, public sectors,
private sectors, you and me. This new agenda among other objectives goals promotes:
 Wellbeing at all ages
 Sustainable Agriculture
 Lifelong learning opportunities
 Inclusive and sustainable industrialization and innovation
 Sustained and inclusive economic growth
 Sustainable use of natural resources
 Peace and inclusive societies.
The question that is appealing all of us and specially my fellows Guinean is how to apply the
concepts developed by WBG and IMF. The concepts associated with the achievement of SDG
goals. first of all call for a new global partnership2
in view to foster a number of transformative
actions of all countries to eradicate gradually poverty, tackle exclusion and inequalities, provide
quality and long-life education, promote better life, mitigate and adapt climate change, manage
environmental challenges, offer decent employments without exclusion, address health issues
and demographic challenges, enhance the positive contribution of migrants, build peace and
ensure good governance. In developing countries like Guinea there is high time we understood
that everyone has a role to play. If the public sector enforces the formation of local NGOs,
community based organizations, and small businesses we can certainly seize at the base the
critical problem faced with informal sectors in mobilize resources. The stake is first to get the
informal sector embarked on the new agenda. This depends in a large extend to the credentials
of central and local governance to instate a transparent accountability of how public money is
being used. The officials have to approach the subgroups in term of building partnership with the
base and provoke public services users to full adhesion to national and local policies that support
the UN and IMF International framework... This partnership can position the public sector -as
capacity builder and controller- in implementing ODA funded projects to instate the participation
of the beneficiaries as both implementers and end users..
It is very common to see in the streets of the capital city Conakry beggars. The government has
been trying to group them in a camp but still for daily feeding needs they come out in the streets
to beg. The new United Nation agenda is appealing to all of us to combat inequalities and
vulnerability. In other words one should care whether his nearest neighbor has the means of
subsistence. One way to tackle these social inequalities is to emphasize the role that household
has to play. The household should be the base of education in term of our values (dignity, charity
to the needy3
, solidarity, and discipline) streets beggars should not be overlooked for ODA
allocations. By discussing with them in the early initiation of project we could better know which
project could have greater sustained impact on their lives.
. TRIPS agreement was approved by the WTO, in the 1995 Uruguay Round negotiation, in the
response of the complaint of developed countries to see their profits cut into. The enforcement of
this TRIPS agreement generates a real controversy in low and middle income countries
especially when it comes to the issue of life saving pharmaceutical products. It seems “unethical”
for low income countries to sell life-saving pharmaceuticals at high prices which limit the
accessibility to the poor. The patent enforcement opposes Indira Gandhi’s commonly shared
tenet in low income countries which asserts that “The idea of a better-ordered world is one in
which medical discoveries will be free of patents and there will be no profiteering from life and
death”
As we know TRIPS agreement sets a minimum IP (Intellectual Property) protection to encourage
innovation. For example the agreement protects patented pharmaceutical products. The new
standards for patent protection tend to protect the stake at innovation and to implicitly encourage
researchers to develop new technologies that surpass the existing practices, motivate
investments in R&D, and ensure products availability to end consumers. Developing countries
that will invest more in health R&D will expect subsequently growth in income when the new end
products are highly demanded and accessible to a large number of consumers.
In practice there is a real trade-off between promoting competition and protecting Intellectual
Property. The debate has emerged in recent years both in domestic and international policies.
Companies in developed countries complain of patent violation by duplicating their researches
results in low and middle income countries, which duplication cuts significantly their profits.
.One way that ODA could help is to fund innovation, R&D in low income countries. According to
the case study of Ayodele A. Adewole (2010)5
low income countries like Nigeria have reflected on
how to increase their local manufacturing capacities in pharmaceutical products. Even though
Nigeria3
stands in the third rank in Africa behind South Africa and Morroco, its manufacturing
capacity is still insufficient. We can note that in Nigeria, TR constraints have infused a new
dynamism. Traditional doctors (indigenous firms) and researcher scholars such as Olaniyi (1993)6
and Itiola (2009)7
have been collaborating in view to produce low cost drugs through modern
scientific methods.
India has been innovating in Health services offer. The Indian Council for Medical Research
(ICMR) has greatly contributed to provide health services and products to the poor as reported by
R. K. Satyanarayana and RT Mahoney (2006)8
. ODA can help to boost the capacity of low
income countries like Guinea to innovate in the production of low cost medication for the poor and
the capacity to offer improved health services package at the base.. R. K. Satyanarayana and
RT Mahoney (2006)8
also report that India has become a low cost advantage base for
multinational R&D firms. These factors are indicators of gauging the impact of public and private
sectors partnership on the accessibility of innovated health-products and subsequently on middle
and low income countries. C.K. Prahalad & R.A. Mashelkar (2010)9
attribute the boost of health-
product innovation in India to one of Gandhi’s tenets which assert that:” I would prize every
invention of science made for the benefit of all”. In the context of the agenda of the UN and IMF
this tenet should be turned into practice.
The volatility of Aid and private finance in conflict zones is clearly demonstrated by (Homi K.,
Annalisa P.& Andrew R., 2014). Where there is conflict domestic institutions are weak and
political upheavals are common. Even private finance in conflict zone is weak as well as reported
by. (World Bank, 2002). Since 2007, Guinea has been experiencing social and political
disturbances which have call the attention of the United Nations to even send representatives to
facilitate peacekeeping processes. We all convene that the impact of Aid and the capacity to
mobilize resources has been weakened. So, it is better to take the bull by the horns. The priority
should be working on setting peace in the country with the intention to generate a measurable,
beneficial, social and environmental impact As we know peace will catalyze the capacity of
private finance and the government to mobilize resources.
Reference:
1 http://www.un.org/sustainabledevelopment/development-agenda/
2. (World Bank Group, 2013) Financing for development post 2015
http://www.worldbank.org/mdgs/post2015.html
3. http://www.un.org/en/ecosoc/newfunct/pdf15/un_improving_oda_allocation_for_post-
2015_world.pdf
4. 1. https://www.wto.org/english/tratop_e/trips_e/t_agm0_e.htm
5. 2. Ayodele A. Adewole (2010), Globalization, the Trips Agreement and Their Implications
on Access to Essential Medicine for Developing Countries: A Case Study of Nigeria,
NIALS Law and Development Journal 2010 available from [http://nials-
nigeria.org/pub/AyodeleA.pdf].
6. 3. Olaniyi, A. A. (1993), Pharmacy and drugs in the conquest of disease (Inaugural
Lecture, University of Ibadan). Ibadan: Ibadan University Press.
7. 4. Itiola, O. A. (2009), Drug formulation: between art, science and technology (Inaugural
Lecture, University of Ibadan), Ibadan: Ibadan University Press, pp. 23, 48, 50.
8. 5. Eiss R, K Satyanarayana and RT Mahoney (2006), Living with TRIPS: Innovation of
New Health Technologies for the Poor. Innovation Strategy Today 2 (1):13–16.
9. 6. C.K. Prahalad & R.A. Mashelkar (2010), Innovation’s Holy Grail, Havard Business
Review
10. (Homi K., Annalisa P.& Andrew R., 2014), Financing the post-2015 Sustainable
Development Goals, A rough road map, Overseas Development Institute 2014
Abbreviation
IMF: International Monetary Fund
WBG: World Bank Group
UN: United Nations
SDG Sustainable Development Goals
ODA: Official Development Assistance

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Development finance ifmpact projec1 guinea

  • 2. Introduction: The United Nations new Agenda1 for Sustainable development proposes 17 Sustainable Development Goals by embarking international institutions, banks, public sectors, private sectors, you and me. This new agenda among other objectives goals promotes:  Wellbeing at all ages  Sustainable Agriculture  Lifelong learning opportunities  Inclusive and sustainable industrialization and innovation  Sustained and inclusive economic growth  Sustainable use of natural resources  Peace and inclusive societies. The question that is appealing all of us and specially my fellows Guinean is how to apply the concepts developed by WBG and IMF. The concepts associated with the achievement of SDG goals. first of all call for a new global partnership2 in view to foster a number of transformative actions of all countries to eradicate gradually poverty, tackle exclusion and inequalities, provide quality and long-life education, promote better life, mitigate and adapt climate change, manage environmental challenges, offer decent employments without exclusion, address health issues and demographic challenges, enhance the positive contribution of migrants, build peace and ensure good governance. In developing countries like Guinea there is high time we understood that everyone has a role to play. If the public sector enforces the formation of local NGOs, community based organizations, and small businesses we can certainly seize at the base the critical problem faced with informal sectors in mobilize resources. The stake is first to get the informal sector embarked on the new agenda. This depends in a large extend to the credentials of central and local governance to instate a transparent accountability of how public money is being used. The officials have to approach the subgroups in term of building partnership with the base and provoke public services users to full adhesion to national and local policies that support the UN and IMF International framework... This partnership can position the public sector -as capacity builder and controller- in implementing ODA funded projects to instate the participation of the beneficiaries as both implementers and end users.. It is very common to see in the streets of the capital city Conakry beggars. The government has been trying to group them in a camp but still for daily feeding needs they come out in the streets to beg. The new United Nation agenda is appealing to all of us to combat inequalities and vulnerability. In other words one should care whether his nearest neighbor has the means of subsistence. One way to tackle these social inequalities is to emphasize the role that household has to play. The household should be the base of education in term of our values (dignity, charity to the needy3 , solidarity, and discipline) streets beggars should not be overlooked for ODA
  • 3. allocations. By discussing with them in the early initiation of project we could better know which project could have greater sustained impact on their lives. . TRIPS agreement was approved by the WTO, in the 1995 Uruguay Round negotiation, in the response of the complaint of developed countries to see their profits cut into. The enforcement of this TRIPS agreement generates a real controversy in low and middle income countries especially when it comes to the issue of life saving pharmaceutical products. It seems “unethical” for low income countries to sell life-saving pharmaceuticals at high prices which limit the accessibility to the poor. The patent enforcement opposes Indira Gandhi’s commonly shared tenet in low income countries which asserts that “The idea of a better-ordered world is one in which medical discoveries will be free of patents and there will be no profiteering from life and death” As we know TRIPS agreement sets a minimum IP (Intellectual Property) protection to encourage innovation. For example the agreement protects patented pharmaceutical products. The new standards for patent protection tend to protect the stake at innovation and to implicitly encourage researchers to develop new technologies that surpass the existing practices, motivate investments in R&D, and ensure products availability to end consumers. Developing countries that will invest more in health R&D will expect subsequently growth in income when the new end products are highly demanded and accessible to a large number of consumers. In practice there is a real trade-off between promoting competition and protecting Intellectual Property. The debate has emerged in recent years both in domestic and international policies. Companies in developed countries complain of patent violation by duplicating their researches results in low and middle income countries, which duplication cuts significantly their profits. .One way that ODA could help is to fund innovation, R&D in low income countries. According to the case study of Ayodele A. Adewole (2010)5 low income countries like Nigeria have reflected on how to increase their local manufacturing capacities in pharmaceutical products. Even though Nigeria3 stands in the third rank in Africa behind South Africa and Morroco, its manufacturing capacity is still insufficient. We can note that in Nigeria, TR constraints have infused a new
  • 4. dynamism. Traditional doctors (indigenous firms) and researcher scholars such as Olaniyi (1993)6 and Itiola (2009)7 have been collaborating in view to produce low cost drugs through modern scientific methods. India has been innovating in Health services offer. The Indian Council for Medical Research (ICMR) has greatly contributed to provide health services and products to the poor as reported by R. K. Satyanarayana and RT Mahoney (2006)8 . ODA can help to boost the capacity of low income countries like Guinea to innovate in the production of low cost medication for the poor and the capacity to offer improved health services package at the base.. R. K. Satyanarayana and RT Mahoney (2006)8 also report that India has become a low cost advantage base for multinational R&D firms. These factors are indicators of gauging the impact of public and private sectors partnership on the accessibility of innovated health-products and subsequently on middle and low income countries. C.K. Prahalad & R.A. Mashelkar (2010)9 attribute the boost of health- product innovation in India to one of Gandhi’s tenets which assert that:” I would prize every invention of science made for the benefit of all”. In the context of the agenda of the UN and IMF this tenet should be turned into practice. The volatility of Aid and private finance in conflict zones is clearly demonstrated by (Homi K., Annalisa P.& Andrew R., 2014). Where there is conflict domestic institutions are weak and political upheavals are common. Even private finance in conflict zone is weak as well as reported by. (World Bank, 2002). Since 2007, Guinea has been experiencing social and political disturbances which have call the attention of the United Nations to even send representatives to facilitate peacekeeping processes. We all convene that the impact of Aid and the capacity to mobilize resources has been weakened. So, it is better to take the bull by the horns. The priority should be working on setting peace in the country with the intention to generate a measurable, beneficial, social and environmental impact As we know peace will catalyze the capacity of private finance and the government to mobilize resources.
  • 5. Reference: 1 http://www.un.org/sustainabledevelopment/development-agenda/ 2. (World Bank Group, 2013) Financing for development post 2015 http://www.worldbank.org/mdgs/post2015.html 3. http://www.un.org/en/ecosoc/newfunct/pdf15/un_improving_oda_allocation_for_post- 2015_world.pdf 4. 1. https://www.wto.org/english/tratop_e/trips_e/t_agm0_e.htm 5. 2. Ayodele A. Adewole (2010), Globalization, the Trips Agreement and Their Implications on Access to Essential Medicine for Developing Countries: A Case Study of Nigeria, NIALS Law and Development Journal 2010 available from [http://nials- nigeria.org/pub/AyodeleA.pdf]. 6. 3. Olaniyi, A. A. (1993), Pharmacy and drugs in the conquest of disease (Inaugural Lecture, University of Ibadan). Ibadan: Ibadan University Press. 7. 4. Itiola, O. A. (2009), Drug formulation: between art, science and technology (Inaugural Lecture, University of Ibadan), Ibadan: Ibadan University Press, pp. 23, 48, 50. 8. 5. Eiss R, K Satyanarayana and RT Mahoney (2006), Living with TRIPS: Innovation of New Health Technologies for the Poor. Innovation Strategy Today 2 (1):13–16. 9. 6. C.K. Prahalad & R.A. Mashelkar (2010), Innovation’s Holy Grail, Havard Business Review 10. (Homi K., Annalisa P.& Andrew R., 2014), Financing the post-2015 Sustainable Development Goals, A rough road map, Overseas Development Institute 2014 Abbreviation IMF: International Monetary Fund WBG: World Bank Group UN: United Nations SDG Sustainable Development Goals ODA: Official Development Assistance