Towards a new aid architecture

The past 60 years have seen substantial shifts in the system of official development assistance (ODA) as shifts the dominant development ideas have changed and as the relative economic power among countries have changed the mechanisms and modalities of aid. The emergence of significant global economic players from the ranks of developing countries as well as the international philanthropy community has begun to initiate a new realignment of the international aid system. The increased participation of new players, the deep rethinking of decades-old beliefs regarding correct economic management, the challenges facing donors in raising the aid resources required, and emerging development challenges such as climate change present both dilemmas and opportunities to reshape the global aid system.

Sustainable Development Goals:

Decent Work and Economic Growth