A/RES/60/209 liberalization, can substantially stimulate development worldwide, benefiting countries at all stages of development; 10. Also reaffirms the commitment to broaden and strengthen the participation of developing countries and countries with economies in transition in international economic decision-making and norm-setting, and to that end stresses the importance of continuing efforts to reform the international financial architecture, noting that enhancing the voice and participation of developing countries and countries with economies in transition in the Bretton Woods institutions remains a continuous concern; 11. Further reaffirms that good governance at the national level is essential for poverty eradication and sustainable development; that sound economic policies, solid democratic institutions responsive to the needs of the people and improved infrastructure are the basis for sustained economic growth, poverty eradication and employment creation; and that freedom, peace and security, domestic stability, respect for human rights, including the right to development, and the rule of law, gender equality, market-oriented policies and an overall commitment to just and democratic societies are also essential and mutually reinforcing; 12. Welcomes the outcomes of the eleventh session of the United Nations Conference on Trade and Development, held in São Paulo, Brazil, from 13 to 18 June 2004, and the adoption of The Spirit of São Paulo, 8 and the São Paulo Consensus; 9 13. Reaffirms the need for the United Nations to play a fundamental role in the promotion of international cooperation for development and the coherence, coordination and implementation of development goals and actions agreed upon by the international community, and also reaffirms the need to strengthen coordination within the United Nations system in close cooperation with all other multilateral financial, trade and development institutions in order to support sustained economic growth, poverty eradication and sustainable development; 14. Stresses that together with coherent and consistent domestic policies, international cooperation is essential in supplementing and supporting the efforts of developing countries to utilize their domestic resources for development and poverty eradication and in ensuring that they will be able to achieve the internationally agreed development goals, including the Millennium Development Goals; 15. Recalls that Member States redirected and recommitted themselves to fulfilling the development dimensions of the Doha Development Agenda, which places the needs and interests of developing countries at the heart of the Doha work programme, 10 and recognizes the major role that trade plays as an engine of growth and development and in eradicating poverty; 16. Recognizes that fighting corruption at all levels is a priority and that corruption is a serious barrier to effective resource mobilization and allocation and diverts resources from activities that are vital for poverty eradication, the fight against hunger and economic and sustainable development; _______________ 8 TD/412, part I. Ibid., part II. 10 See A/C.2/56/7, annex. 9 4