The Secretary-General of OECD, Angel Gurría, and the Chair of OECD’s Development Assistance Committee, Eckhard Deutscher, have issued a call to the world’s main aid donor countries to stand by their development pledges despite the economic slowdown.
In a letter to heads of state and government of the countries that are members of the Development Assistance Committee, OECD invites these nations to join an “Aid Pledge” that would confirm existing aid promises and avert cuts in budgets more...
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What are the main impacts of the financial crisis on the real economy, and what lessons might we draw from the crisis for the future? The next OECD Economic Outlook due on 25 November will provide some answers. We asked the new OECD Chief Economist Klaus Schmidt-Hebbel for some early insights.
Interview with the new OECD Chief Economist, Klaus Schmidt-Hebbel
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With the financial crisis spreading now to the broader economy, unemployment is rising and the threatened recession is becoming a reality. Economic activity is expected to fall by 0.9 percent in the US next year, by 0.5 percent in the Euro area and by 0.1 percent in Japan, according to the latest OECD projections.
What lessons can be drawn from the crisis? G20 leaders called at their meeting in Washington for a major change in global governance and committed to co-ordinate actions to revive more...
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12 indicators of aid effectiveness were developed as a way of tracking and encouraging progress against the broader set of partnership commitments. Targets for the year 2010 have been set for 11 of the indicators and are designed to encourage progress at the global level among the countries and organizations adhering to the Paris Declaration.
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Under the Paris Declaration on Aid Effectiveness, donors and partner countries commit to 'reform procedures and strengthen incentives - including for recruitment, appraisal and training - for management and staff to work towards harmonization, alignment and results'. DAC Peer Reviews highlight a number of positive efforts by individual donors. However, much more remains to be done.
This report addresses this need and aims to provide donor agencies with guidance on how to improve aid effectiv more...
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This action plan sets out Australia's broad strategic approach to harmonization and provides an update on progress. It should be read in conjunction with the matrix of planned and current donor harmonization activities (Attachment A). This action plan incorporates the principles arising from the international policy dialogue on harmonization, and in particular the Rome Declaration on Harmonization.
Australia's approach to harmonization and alignment is driven by country capacities and priori more...
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This booklet aims to stimulate dialogue around the aid reform effort embodied by the Paris Declaration on Aid Effectiveness. It reminds us of why this agreement is important, outlines what objectives have been set, and points to what still needs to be accomplished. This effort is driving many actors in developing countries—56 of whom participated in the 2008 Survey on Monitoring the Paris Declaration— aid agencies, global funds and civil society groups to reflect and act together within the more...
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