In this 1996 report, the OECD’s Development Assistance Committee (DAC) set a number of measurable international development goals. Subsequently, the commitment to halve world poverty became the focus of most donor organisations through the Millennium Development Goals (MDGs). Long central to UN programmes, this focus on poverty reduction became key to IMF and World Bank lending to low‑income countries.
Shaping the 21st Century: The Contribution of Development Co-operation
