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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.
All countries need to trade, with their neighbours and globally, to sustain long-term economic growth. Some low-income countries lack the instutitions, infrastructure to benefit from open markets and lift their people out of poverty.
Members of Development Assistance Committee and Non-DAC OECD donors, the world’s major donor countries, have, at the High level meeting on 27 and 28 May 2009, adopted an Action Plan to support poor countries trying to cope with the economic and financial crisis.
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.
A crackdown on tax havens and cross-border tax evasion will help developing countries to raise more revenues to pay for much-needed schools, roads and hospitals, according to OECD Secretary-General Angel Gurría.
In an article published on the OECD’s website ahead of the 2009 spring meetings in Washington of the World Bank Group and the International Monetary Fund, Mr. Gurría said improving the effectiveness of developing countries’
Ireland’s net official development assistance (ODA) was USD 1.3 billion in 2008, a 90% increase over 2003 in real terms. Ireland’s aid grew from 0.39% of gross national income in 2003 to 0.58% in 2008 during a period of exceptional national economic growth.
Informal employment is at record levels worldwide with severe consequences for poverty in poor countries, according to Is Informal Normal?, a new report by the OECD Development Centre.
In 2008, total net official development assistance (ODA) from members of the OECD’s Development Assistance Committee (DAC) rose by 10.2% in real terms to USD 119.8 billion. This is the highest dollar figure ever recorded. It represents 0.30% of members’ combined gross national income.
The OECD will release a new report – Managing Water for All: Pricing and Financing – at an event during the World Water Forum in Istanbul.
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