McLeod Group blog by Stephen Brown, November 29, 2016
In the early 2000s, Western donors finally recognized that they were partly to blame for foreign aid’s often disappointing results. The Paris Declaration on Aid Effectiveness, adopted in 2005, was the result of that soul-searching.
The Declaration was based on five core principles, including recipient countries’ ownership of their poverty reduction strategies, donors’ alignment with this vision and harmonization among donors. A total of 138 countries (donors and recipients), 28 international ...
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