The OECD is calling for a new development framework in this statement to the Joint IMF-World Bank Development Committee.
Eliminating hunger and malnutrition, and achieving wider global food security are among the most intractable problems humanity faces. While many once poor countries are now developing rapidly, the world as a whole is unlikely to meet the first Millennium Development Goal target of halving, between 1990 and 2015, the proportion of the world’s population who suffer from hunger.
“Crowdsourcing” pools the strength of the many to perform complex tasks–everything from funding a film to sequencing DNA. At its heart is trust–not a blanket belief in great institutions, but rather the confidence between individuals that each will do the right thing. Its power is being increasingly felt today, even in the world of international development.
Economic growth has played a major role in lifting people out of poverty. However, there is increasing evidence that many of these people did not move up to the middle classes but into an intermediate state of “vulnerability”. Poverty continues to affect millions of people around the world, said OECD Secretary-General.
In a large majority of OECD countries, wage gaps widened and household income inequality increased during the three decades prior to the crisis. Inequalities have also been growing in many emerging economies and developing countries, despite their fast growth over the last years, said OECD Secretary-General.
2013 Global Forum on Development: Innovative approaches to poverty reduction, social cohesion and progress in the post 2015 world
Development aid fell by 4% in real terms in 2012, following a 2% fall in 2011. The continuing financial crisis and euro zone turmoil has led several governments to tighten their budgets, which has had a direct impact on aid to poor countries. There is also a noticeable shift in aid away from the poorest countries and towards middle-income countries. A moderate recovery in aid levels is expected in 2013.
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Putting Green Growth at the Heart of Development, Summary for Policy makers
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The Canadian International Development Agency (CIDA) has completed its Development Effectiveness Review of the Asian Development Bank.
The Tanzanian government, in partnership with the OECD and NEPAD, has undertaken a review of its investment policies to support its national strategy for economic reform and to improve the business climate and attract more investment in key sectors, such as infrastructure and agriculture. This page describes the review process.