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Development Partners Session – Development Cooperation in a Changing World
Developing Asia’s remarkable growth performance in recent decades has led to a significant reduction in the level of extreme poverty and improvement of living standards of its people. However, the pace of growth has been uneven both within and across countries, and Asia remains home to two thirds of the world’s poor. Moreover, many of the region’s social indicators show persistent and widespread non-income poverty such as hunger and malnutrition, poor health and illiteracy, and lack of access to basic sanitation and electricity. While Asia’s overall performance towards achieving the Millennium Development Goals (MDGs) has been positive, it is lagging behind some crucial targets. An emerging challenge is rising income inequality both within and across countries. All these point to the fact that there are two faces of Asia, and development aid will remain important in merging the two faces. Asia also faces the challenge of addressing critical global issues such as climate change.
At the same time, the global aid architecture is undergoing significant changes. There has been a proliferation of players and providers of development assistance resulting in multiplicity of approaches and initiatives in recent years. Alongside the traditional donors (members of the OECD-DAC), a number of “emerging donors” are providing significant volumes of development assistance. South-South cooperation is becoming increasingly important. Significant resources are also being channeled through charities and the private sector. As a result, development cooperation has become more complex, with a large number of state and non-state actors, new forms of public-private partnerships, and other new modalities of assistance. The fourth high level forum on aid effectiveness in Busan recognized these changes in the aid architecture and endorsed a “Busan Partnership for Effective Development Cooperation” by all stakeholders.
These developments in the global aid architecture will have significant implications for development cooperation in Asia. Resources need to be mobilized from all possible sources. The private sector should be clearly recognized as an important partner, and its resources leveraged for development assistance. South-South cooperation should be promoted. Along with the financial resources, knowledge sharing and solutions will play an increasingly important role. There will be continued emphasis on development effectiveness from all development partners.
This session will bring together a group of distinguished representatives of development partners to discuss and share their views on what the new developments in the global aid architecture imply for development cooperation in Asia. Among others, the session will focus on the following issues:
- How to mobilize more resources for official development assistance in Asia during a global economic downturn?
- How to mobilize more development assistance resources from the private sector, both within and outside Asia? How to promote public and private partnerships in development cooperation?
- How to allocate aid resources among different development needs as well as across countries for better result orientation, accountability, and development effectiveness?
- What is the role of triangular and South-South cooperation in the Asian context?
- How to strengthen cooperation and coordination among development partners at strategic, policy, and project levels? and
- How to enhance the role of knowledge sharing in development cooperation?
President, Asian Development Bank
Alternate Governor for Indonesia in ADB and Minister of National Planning and Development and Head of BAPPENAS
Vice President, Multilateral and Global Programs Branch, CIDA
Vice President, JICA
Vice Chair of the Board of Governors of ADB and Governor for Germany in ADB, State Secretary to the Federal Minister for Economic Cooperation and Development
Deputy Administrator, USAID
Moderator: Haslina Amin
View the Program.