'Policies other than development cooperation have a strong impact on developing countries. The European Union (EU) concept of Policy Coherence for Development (PCD) aims to build synergies between those policies and development objectives. This in turn will increase the effectiveness of development aid. Against the backcloth of the EU commitment to substantially increase official development assistance, the importance of ensuring that these resources are not rendered inefficient or wasted by pol more...
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Despite increasing aid volume and ministerial promises and commitments, there are gaps in the effectiveness of development aid. Using a two-pronged approach, Homi Kharas and Johannes Linn of the Brookings Institution analyze these gaps and provide useful recommendations so that the aid architecture can be strengthened, aid flows coordinated and development sustainable—ultimately making aid better.
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Analyses carried out by civil society organizations for the review process on Financing for Development (FfD) highlight the fact that governments are facing a double challenge at the up-coming FfD Conference in Doha: On the one hand, they have to find ways of substantially increasing the transfer in real terms of public resources to the South, while ensuring that public revenue is generated and mobilized for poverty eradication, decent work, achieving gender equality, and improving the livelihoo more...
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'The level of private donations began to increase after 1995 when the Bank adopted a more proactive approach to external partnerships and the number of donors and donations also increased. The number of foundations grew from 7 in FY02 to 12 in FY07. While the number of donations from foundations grew from 10 to 21. The growth of corporate donors and donations was even more pronounced; in the five year period the number of donors grew from 4 to 18 and the number of donations grew from 4 to 20. At more...
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'The end of FY08 marks the completion of the first two years of operations for the Avian and Human Influenza (AHI) Facility. This past year saw the receipt of new donor pledges and contributions, the continued processing of new proposals, the continued implementation of approved grants, and the start of periodic and detailed reporting on grant implementation.'
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'The existing research on foreign aid offers inconclusive evidence on the factors that make aid effective. In this paper, the authors test the hypothesis that the success of foreign aid depends on the fragmentation of donors. The authors study the supply of aid money in 112 developing countries over the period 1960-1999 and find that the presence of multiple donors in a given country renders aid ineffective. This is in part because donor fragmentation increases corruption in the recipient countr more...
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'This Economic Outlook represents a substantial downward revision from just a few months ago: many of the downside risks previously identified have materialised. The financial turmoil that erupted in the United States around mid-2007 has broadened to include non-bank financial institutions and rapidly spread to the rest of the world. Following the collapse of Lehman Brothers in mid-September, a generalised loss of confidence between financial institutions triggered reactions akin to a 'blackout' more...
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