Past event

Research Event

Official Development Assistance: a New Paradigm for a New Century

Chatham House, London

Participants

Jean-Michel Severino, CEO of the Agence Française de Développement [AFD] and a former World Bank Vice-President

Overview

The lecture will address the changing rationale for official development assistance in a post-9/11 context. It will present the argument that after a legitimacy crisis in the post-Cold War years, ODA is turning into a global redistribution mechanism designed to address the market failures that are inherent to a globalised economy.

Mr Severino will also assess the international community's capacity to respond to the rising challenges of North/South relations in this new international context.