A/RES/60/204 capacity, while a crucial task is to enhance the efficacy, coherence and consistency of macroeconomic policies and an enabling domestic environment is vital for mobilizing domestic resources, increasing productivity, reducing capital flight, encouraging the private sector and attracting and making effective use of international investment and assistance, and in this regard stresses also that efforts to create such an environment should be supported by the international community; 10. Stresses the special importance of creating an enabling international economic environment through strong cooperative efforts by all countries and institutions to promote equitable economic development in a world economy that benefits all people; 11. Invites developed countries, in particular major industrialized economies, to take into account the effect of their macroeconomic policies on international growth and development; 12. Underlines the fact that the increasing interdependence of national economies in a globalizing world and the emergence of rule-based regimes for international economic relations have meant that the space for national economic policy, i.e., the scope for domestic policies, especially in the areas of trade, investment and industrial development, is now often framed by international disciplines, commitments and global market considerations, that it is for each Government to evaluate the trade-off between the benefits of accepting international rules and commitments and the constraints posed by the loss of policy space and that it is particularly important for developing countries, bearing in mind development goals and objectives, that all countries take into account the need for appropriate balance between national policy space and international disciplines and commitments; 13. Underlines also that in addressing the linkages between globalization and sustainable development, particular focus should be placed on identifying and implementing mutually reinforcing policies and practices that promote sustained economic growth, social development and environmental protection and that this requires efforts at both the national and international levels; 14. Underlines further that the issue of enhancing the voice of developing countries and countries with economies in transition in the Bretton Woods institutions is of vital importance, stresses the importance of advancing ongoing work in this regard, taking into account progress in the context of the International Monetary Fund quota review, and invites the World Bank and the International Monetary Fund to continue to provide information on this issue, using existing cooperation forums, including those involving Member States; 15. Reaffirms the commitments made in the Doha Ministerial Declaration 5 and the decision of the General Council of the World Trade Organization of 1 August 2004 6 to fulfil the development dimensions of the Doha Development Agenda, which places the needs and interests of developing and least developed countries at the heart of the Doha work programme,5 and calls for the successful and timely completion of the Doha round of trade negotiations with the fullest realization of the development dimensions of the Doha work programme, and looks to the Sixth Ministerial Conference of the World Trade Organization, to be held in _______________ 5 6 4 A/C.2/56/7, annex. World Trade Organization, document WT/L/579. Available from http://docsonline.wto.org.