Major recent and prospective problems of economic policy

In reviewing development assistance in 1968, it is more than ever necessary to distinguish clearly between disbursements or utilization and commitments. Disbursements reflect past commitments as well as the utilization of funds committed in earlier periods which is determined by the capacity of administrations and economies to apply and absorb resources of very uneven utility. Only the sum of disbursements and the contents of the aid pipelines measure the available residue of past commitments. The year’s commitments are the minimum offer for the future. But while only a minimum, the trend of commitments is nevertheless an indication of the readiness of the developed countries as a group to release resources for development.

Sustainable Development Goals:

Decent Work and Economic Growth

Reduced Inequalities