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The Development Assistance Committee (DAC, www.oecd.org/dac) is the principal body through which the OECD deals with issues related to co-operation with developing countries.
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09-Jul-2009
Sweden spent USD 4.73 billion on overseas development assistance (ODA) in 2008. This amounted to 0.98% of its gross national income (GNI), making Sweden the most generous DAC donor countries as a proportion of its economy. This is particularly laudable in a time of global recession.
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02-Jul-2009
All countries need to trade, with their neighbours and globally, to sustain long-term economic growth. Some low-income countries lack the instutitions, infrastructure and supply-side capacity to benefit from open markets and lift their people out of poverty.
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29-Jun-2009
The second Global Review of Aid for Trade demonstrates that despite the crisis, there is good news for developing countries: in 2007, total aid for trade reached USD 25.4 billion, USD 4.3 billion (21%) more than the 2005 baseline. Even so, World Bank estimates show that 53 million more people are expected to be living on less than USD 1.25 a day. And while a few countries have slightly reduced the targets they set in 2005 for 2010, the bulk of the commitments remain in force. DACnews describes the action being taken on many fronts.
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29-May-2009
Most developing countries grew at impressive rates during the first five years of this Century, managing to pull millions of people out of poverty. But now their perspectives are bleak: by the end of the year, the number of poor people can increase by more than 100 million. In the last seven years, a range of new financing mechanisms have been launched. The time has come to take stock of this wealth of experiences and to look in more detail at their impact on the global aid architecture and on countries’ strategies, priorities and systems.
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28-May-2009
The global downturn is affecting developing countries - the least responsible for the crisis, and the least able to cope with its impact. Members of Development Assistance Committee, the world’s major donor countries, and other donors, have adopted an Action Plan to support poor countries trying to cope with the economic and financial crisis.
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29-May-2009
The donor community is committed to increasing aid and to working with partners to make aid more effective. But just how are we going achieve our ambitious agenda? Managing Aid surveys the practices of the 23 members that make up the OECD Development Assistance Committee. In doing so, it seeks to offer inspiration to aid managers and practitioners – new and experienced – who are interested in continuously improving the way donors and partners work together.
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28-May-2009
Austria’s official development assistance (ODA) was 0.42% of its gross national income (GNI) in 2008, putting it in 11th place among OECD’s Development Assistance Committee (DAC) donors.
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