Publication

20 Dec 2011

Over 2,500 participants came to Busan to discuss new directions in development cooperation. The forum concluded with a broadly endorsed outcome document that emphasized the newly important role of south-south cooperation, the implications of the greater willingness of the private sector to invest in a range of developing countries, new approaches towards fragile and post-conflict states and the formation of a new global partnership for effective development cooperation. Busan has introduced new language that has changed the debate from aid effectiveness, a donor issue and concern, into development effectiveness, a global concern.

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Author Homi Kharas
Series Elcano Royal Institute Analyses
Issue 164
Publisher Elcano Royal Institute of International and Strategic Studies
Copyright © 2011 Elcano Royal Institute of International and Strategic Studies
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