Human Development Report 1999

Reinventing global governance is not an option it is an imperative.

Key priorities: putting human concerns and human rights at the centre of international policy and action; protecting human security; narrowing the extremes of inequality between and within countries; increasing equity in negotiation and structures of international governance; building a new global architecture for the 21st Century.

Proposals:

A more coherent set of international principles: economic, social and cultural rights as well as political and civil ones; The goals and commitments of the global conferences of the 1990s; democratic and equitable governance, globally and nationally; The WB and IMF need to explore how these principles are brought into their policies/operations.
Develop a global code of conduct for multinational corporations and a global forum for their monitoring
Reducing financial insecurity and preventing future financial crisis: removing the requirements that countries liberalize capital accounts as a condition for borrowing; incorporating standstill provisions into the rules for borrowing form the international financial institutions
Protecting people
Controlling global crime
Promoting public-private partnerships
Narrowing global gaps: there should also be redistribution at the international level through development cooperation