Sunday, January 20, 2008

"Changing Aid Landscape"

Finance and Development, December 2007, Volume 44, Number 4.

"Despite donors' commitments to scale up aid in line with the 2002 Monterrey Consensus and the 2005 Gleneagles Declaration, the response has been mixed. Official development assistance (ODA) declined by roughly 5 percent in real terms in 2006—the first drop since 1997—and a slight decline is expected for 2007, according to recent OECD estimates. Moreover, ODA as a percent of gross national income dipped to 0.3 percent in 2006, after inching up to 0.33 percent in 2005, still well short of the UN target of 0.7 percent."

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