The Future of Aid: A Bigger Role for Emerging Economies?
Emerging powers are playing an increasingly important role as providers of development financing. Their approach is significantly different from that of traditional donors in that development assistance is viewed as South-South cooperation, and usually forms part of a larger development compact combining aid, investment and technology transfer. They prioritize productive investments and often pay higher attention to economic returns for cooperation.
This event will bring together representatives from the emerging and traditional donor communities to discuss South-South cooperation. They will assess its impact and what lessons can be taken from this new approach, plus the broader role of emerging powers in the global landscape of development cooperation.