Last year, I referred to the signposts that line the developmental path: the Millennium Summit, Doha, Monterrey and Johannesburg.

The UK will not enter into new commitments for grants, financial assistance and concessional loans to the Government of Iran, including through their participation in international financial institutions, except for humanitarian and developmental purposes, in line with the prohibition contained in EU Common Position 2007/246/CFSP of 23 April 2007.

The United Kingdom will not enter into new commitments for grants, financial assistance and concessional loans to the Government of the Democratic People's Republic of Korea, including through their participation in international financial institutions, except for humanitarian and developmental purposes, in line with the prohibition contained in European Union Common Position 2006/795/CFSP.

The UK will not enter into new commitments for grants, financial assistance and concessional loans to the Government of Iran, including through their participation in international financial institutions, except for humanitarian and developmental purposes, in line with the prohibition contained in EU Common Position 2007/246/CFSP of 23 April 2007.

National poverty reduction strategies offer space for an accountable and participatory process that is aligned with the United Nations development goals, including those contained in the Millennium Declaration, namely, a stable macroeconomic environment, a robust role for the private sector in line with developmental objectives and dialogue with civil society to mainstream the concerns of the poor into public policy.

Accordingly, the poverty reduction strategy papers offer a potential opportunity for creating space for an accountable and participatory process that is aligned to the Millennium Development Goals: a stable macroenvironment, a robust role for the private sector in line with developmental objectives and dialogue with civil society to directly influence public policy.

This in turn requires state capacities to discipline and monitor rent-recipients along the lines of developmental state experiences; Thirdly, non-distorting aid and technical advice can then play a vital role in assisting the development of intermediate to high technology export-oriented industries.