20 December 2011
How a New Global Partnership on Development Cooperation was Forged at the Busan High Level Forum on Aid Effectiveness
Over 2,500 participants came to Busan to discuss new directions in development cooperation. The forum concluded with a broadly endorsed outcome document that emphasized the newly important role of south-south cooperation, the implications of the greater willingness of the private sector to invest in a range of developing countries, new approaches towards fragile and post-conflict states and the formation of a new global partnership for effective development cooperation. Busan has introduced new language that has changed the debate from aid effectiveness, a donor issue and concern, into development effectiveness, a global concern.
© 2011 Elcano Royal Institute of International and Strategic Studies