OECD is preparing a two-pillar action plan for governments, as part of a global response to the world financial crisis, calling for tighter regulation and oversight of financial markets and improved national policies to promote economic growth.
After three days of intense negotiations (Accra, Ghana, 2-4 Sept) developed and developing countries endorsed the Accra Agenda for Action.
France is one of the international community’s key players in development co-operation. French Official Development Assistance was USD 9.94 billion in 2007, ranking France third among DAC member countries.
The 22 member countries of the OECD Development Assistance Committee, the world’s major donors, provided USD 103.7 billion in aid in 2007.
Family-friendly workplace practices and attention to gender equity in hiring and management help to improve productivity and economic performance, OECD studies show.
Total official development assistance (ODA) from members of the Development Assistance Committee (DAC) fell by 5.1% in 2006 to USD 103.9 billion. This represents 0.30% of members’ combined Gross National Income.
Aid donors will have to increase funding for aid programmes faster that any other public expenditure in order to fulfil their commitments to increase aid to $130 billion and double aid to Africa by 2010, says the OECD’s Development Co-operation Report.
The OECD Global Forum on Sustainable Development, in cooperation with the World Bank and Agence Française de Développement, will discuss how governments in developing countries can work with local private water companies to provide affordable safe water and basic sanitation.
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Hardly a major international development event goes by without calls for more aid to be untied. In response, DAC members have decided to untie small contracts (less than USD 1 million) covered by the Untying Recommendation.
Two-thirds of the aid which the European Commission and the 22 member governments of the OECD’s Development Assistance Committee pledged to countries hit by the Indian Ocean tsunami has been spent or ear-marked for specific projects, according to statistics gathered by the OECD.