Sunday, December 16, 2007

Trends and Issues in Development Aid

Last month Brookings issued a report on worldwide development assistance. Some highlights:
  • Net official development assistance (ODA) from the 22 DAC member countries has increased to over $100 billion over the last two years, with a promise of increases of 30 percent over the next three years.
  • Non-DAC bilateral assistance (NDBA) is growing rapidly and amounts to more than $8 billion in ODA and $5 billion annually in CPA.
  • Private aid (PrA) from DAC member countries might already contribute between $58-68 billion per year, although aggregate data is sketchy.
  • Total aid flows to developing countries therefore currently amount to around $180 billion annually.
  • Multilateral aid agencies (around 230) outnumber donors and recipients combined.
  • Multilaterals only disburse 12 percent of total aid (offi cial plus private), and about one-quarter of total net CPA.
One worrisome item is that only $12.1 billion was available for country programmable assistance in Africa.

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