The concept of official development assistance (ODA)–a creation of the post-World War II era–has experienced a series of rapid transformations. While the “donors’ club” initially consisted mostly of a small number of multilaterals and wealthy nations, today’s major players also include countries like Brazil, China, and numerous non-state actors who are part of the new Global Partnership for Effective Development Cooperation. This evolution has required adaptation in the way the international development cooperation is organized and deployed: the strategic priorities in aid; geographic priorities for aid allocation; how assistance should be provided; best practices on value-for-money poverty reduction programs; and what areas should be prioritized. The future ODA is more like an aid ecosystem, with multiple actors and interlocking partnerships creating an open-source development model.
— Suggested Readings
Brown, William Y., et al. (2012). Rio+20: Coalitions Driving Bottom-Up Change. Washington, DC: The Brookings Institution.
Chaturvedi, Sachin, Thomas Fues and Elizabeth Sidiropoulos (eds.) (2012). Development Cooperation and Emerging Powers: New Partners or Old Patterns? London and New York: Zed Books.
Kharas, Homi, Koji Makino and Woojin Jung (eds.) (2011). Catalyzing Development: A New Vision for Aid. Washington, DC: Brookings Institution Press.
VIDEO: The Future of Development Thought @ IEA 2014: Development Assistance — Homi Kharas. International Economics Conference, Jordan. [English, 11:08 minutes.]