G20 Seoul Development Consensus for Shared Growth (Annex I), 11-12 November 2010

Sectors : Education capacity, Employment and Training, Gender and economic opportunity, International trade: market access, subsidies and aid for trade, Financial Institutions, markets, services and microfinance, Domestic resource mobilisation, Food security, Infrastructure General, Investment
Organisation : G20
Date made: 
Heads Of State
G20-Seoul-Dev-Consensus-Shared-Growth-Nov-2010.pdf137.86 KB
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Commitments in: Private Sector development and financial services for the poor - Employment and Training


We call upon the World Bank, ILO, OECD, and UNESCO to work together to develop internationally comparable and practical indicators of skills for employment and productivity in developing countries, particularly LICs, to assist them to: 

Better match training to employers’ needs and future labor market opportunities in developing countries; 

Identify gaps in the education system for basic level employable skills; 

Identify the links between education, health problems, gender gaps and life-long skills development; and 

Produce a comparable database across countries to serve as a monitoring tool for assessing employable skills development in LICs.”


Commitments in: Infrastructure - Infrastructure General

“In close consultation with our developing country and LIC partners, as well as relevant international and regional organizations with development expertise, we have also identified nine areas, or “key pillars,” where we believe action and reform are most critical to ensure inclusive and sustainable economic growth and resilience in developing countries and LICs.  These areas are: infrastructure, private investment and job creation, human resource development, trade, financial inclusion, growth with resilience, food security, domestic resource mobilization and knowledge sharing. Creating optimal conditions for strong, sustainable and resilient economic growth in developing countries will require reform and transformation across each of these interlinked and mutually reinforcing key pillars.”