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Aid flows from OECD Development Assistance Committee (DAC) donor countries totalled USD 129 billion in 2010, the highest level ever, and an increase of 6.5% over 2009. This represents about 0.32% of the combined gross national income (GNI) of DAC member countries.
Denmark’s official development assistance reached USD 2.8 billion in 2009, or 0.88% of its gross national income. The OECD’s Development Assistance Committee notes that Denmark’s annual ODA has surpassed the United Nation’s aid target of 0.7% of GNI since 1978, earning its global reputation as a generous donor.
The shift in the centre of economic gravity, from the advanced to the large emerging economies, has to be reflected in the global governance architecture. The new players have to be given a stronger voice in decision-making and multilateralism has to evolve further in a more inclusive manner.
Trade promotes economic growth, alleviates poverty and helps countries reach their development goals. However, developing countries – in particular the least developed – face difficulties in making trade happen and turning trade into economic growth. The Aid for Trade Initiative – launched at the 2005 World Trade Organisation conference in Hong Kong – aims at helping these countries to take advantage of trade opportunities and to
"The Missing Piece" identifies seven recommendations to improve the quality of support that states and international organizations provide to peace processes.
The G20 helped steer the world through the worst of the economic storm; now it must show it can set in motion a new governance for the post-crisis world. That's a task our organisation stands ready to help with, says the OECD's G20 Sherpa, Gabriela Ramos.
How can the economic recovery be strengthened while laying the foundations for a stronger, cleaner and fairer world? As decision-makers gather in Davos, OECD Secretary-General Angel Gurría highlights key challenges for the year ahead.
For 50 years now, the DAC has grouped the world's main donors, defining and monitoring global standards in key areas of development. Visit our website to learn more.
While New Zealand is a comparatively small donor, it boasts an internationally-recognised aid programme with specific understanding of the unique Pacific context. It is seen as a flexible and predictable humanitarian donor.
During his mission to Washington, Angel Gurría will give a press conference with Arne Duncan, U.S. Secretary of Education, for the presentation of the PISA results. He will also discuss a range of key policy issues with government officials, leading policy makers and business representatives.