Much of the discussion at the HLF-4 in Busan last week, as well in the months leading up to the event, was focused on forging consensus around a new global development cooperation partnership framework that would accommodate the interests and unique cooperation modalities of new partners such as China, Brazil, and India. The agreement by these and other new development actors to sign on to the HLF-4 Outcome Document is an important achievement and key step towards such a partners
I am flying out of Busan after a very stimulating discussion on the new aid architecture at the 4th High Level Forum on Aid Effectiveness. We organized this panel discussion with the goal of learning what our development partners, particularly new partners, think about the future of aid—the challenges and opportunities.
In May 2011 a diverse and inclusive group of procurement practitioners from around the world—representing countries ranging from middle-income countries to fragile states, as well as development partners and civil society organizations—met in Cuzco, Peru, to discuss and agree on the messages to be sent to the Fourth High Level Forum on Aid Effectiveness (HLF4) in Busan. They signed a declaration providing important inputs to the Effective Institutions and Country Systems themes that would be discussed in Busan. Participants endorsed an important strategic direction: to increase po
Here in Busan, at the High-Level Forum on Aid Effectiveness, there is strong momentum around South-South Cooperation and Knowledge Exchange. The main Thematic Session on South-South, moderated by WBI Vice President Sanjay Pradhan, drew a crowd of close to 500 people. In the intense negotiations over the Busan Outcome Document, the South-South agenda is also front and center. Why?
First of all, South-South is a great way to support development. Let me give an example.
The International Health Partnership (IHP+) has done an exceptional job the last three years in bringing together countries, donors, international financial institutions, civil society, the United Nations, and many other partners to agree on how, concretely, we would implement the principles of the Paris Declaration on Aid Effectiveness.
As many of those gathered here in Busan, I feel very excited about the chance we have to collectively shape the way in which development is practiced.
I have some good and some not so good news about aid. First, the good news. The aid landscape has seen three important changes during the last decade that have had a transformative, positive effect on the very nature of aid.
One of these changes has been the increased focus on the quality of aid—especially on the results being achieved on the ground. The World Bank and IDA, the Bank’s fund for the poorest, have placed a premium on having a real impact in the work we support, and the results show.
An old black and white photograph taken in 1944 at the Conference in Bretton Woods that gave birth to the World Bank and the IMF shows a roundtable of men in grey suits meeting to design the future multilateral system.
Today, the Fourth High Level Forum on Aid Effectiveness (HLF-4) will open in Busan, Korea. The HLF-4 is an opportunity for the global development community to come together and showcase the results that our partner countries have been producing, and to shape the future course of the aid effectiveness agenda in a dramatically changing global development landscape.
Even skeptics admit it: effective aid works. In the last 25 years, the share of poor people in developing countries has been cut by half, and the last decade has witnessed impressive development successes in countries once thought beyond help. read more...
Copyright: Project Syndicate, 2011.