Firm belief in economic growth as the motor to reduce poverty underlies the reiterated priority granted by Spanish Cooperation, in its successive Master Plans, to issues related to economic growth and to supporting the productive fabric of the countries in which it operates, in whatever form.
Despite its priority status in Spanish Cooperation Master Plans, however, there is no universally accepted definition of the limits or content of this concept. In this respect, international experience is of no assistance, either, since different donors have widely varying priorities and strategies, and the OECD Development Assistance Committee has not published a guide to facilitate unargued identification of the sector.
Under the Third Master Plan, economic growth as the path to reduce poverty is considered a suitable sector for intervention, in which our overall aim is to support and promote inclusive economic growth. This growth should be fair, sustainable and environmentally friendly, and based on creating an economic, business and associative fabric within partner countries, on the principle of decent work and on economic policies conducive to poverty reduction and social cohesion.
To help achieve these aims, the Strategy for Economic Growth and the Promotion of Business Fabric addresses four areas of intervention:
From these concerns, the following Priorities have been established:
|1. Economic and business fabric||1.1. Support economic and social stability|
|1.2. Promote the infrastructure necessary for economic activity|
|1.3. Improve the coordination and promotion of markets: policies to promote growth|
|2. Institutional framework for market development||2.1. Define and protect basic economic rights|
|2.2. Promote competition and entrepreneurial initiative|
|3. Participation of the poorest sectors of society||3.1. Promote social cohesion|
|3.2. Promote the entrepreneurial capacity of society, especially among the least favoured|
|3.3. Support public policies to promote decent work|
|3.4. Promote reliability and trustworthiness|
|4. Spaces for dialogue, coordination and shared action||4.1. Build capacities for concerted action and social dialogue|
|4.2. Support Public-Private Partnerships for Development|
Spanish Cooperation supports a growth model that is favourable to the least favoured and which has a broad social base. To achieve such a model, the following elements should be taken into account: