Harnessing natural resource wealth for economic transformation
Sweden delivered USD 5.24 billion in official development assistance (ODA) last year, or 0.99% of its gross national income (GNI). It is the second most generous member of the OECD’s Development Assistance Committee (DAC), which groups the world’s major donors, when ODA is measured on a GNI basis.
Domestic resource mobilisation or “helping countries help themselves more effectively” is vital to the success of future global development efforts and is one of the four main pillars of the OECD’s Strategy on Development, said OECD Secretary-General.
Development aid policies have helped developing countries reduce extreme poverty, strengthen institutional frameworks and develop a middle class. But there are still 2.4 billion people living in poverty and inequalities in many countries are still at record levels, and in some cases rising, said OECD Secretary-General.
The Slovak Republic has become the 27th member of the OECD Development Assistance Committee (DAC), the leading international forum for bilateral providers of development co-operation.
Promoting policy dialogue on natural resource-based development at Africa Down Under / Logistics key for economic development / Key structural policy changes in emerging Asia
Global value chains (GVCs) have become a dominant feature of world trade and investment, offering new prospects for growth, development and jobs, according to a new joint report by the Organization for Economic Cooperation and Development (OECD), the World Trade Organization (WTO) and the United Nations Conference on Trade and Development (UNCTAD).
Water shortages and floods illustrate the risks posed by too little, or too much, water. By 2050 more than 40% of the world’s population will live under severe water stress and nearly 20% could be exposed to floods.
English, PDF, 1,406kb
This paper seeks to analyse the patterns of capital flow bonanzas and identify such episodes by defining them relative to global capital flows, instead of relative to past experience as is done in most of the literature. This approach therefore emphasises the relevance of the attractiveness of a country vis-à-vis other destinations instead of the relevance of past flows in experiencing bonanzas.
English, PDF, 1,460kb
This working paper contributes to the debate around the financing of higher education and calls for a fair distribution of the costs of higher education between the private sector (including students and their families) and the public sector, allocated according to the ratio of private and public benefits and externalities that it generates.