Development co-operation from countries beyond the OECD Development Assistance Committee (DAC) significantly increased in recent years, reaching 17% of total global development co-operation in 2014. The policy paper presents an estimate, of USD 300 billion, of broader international co-operation by emerging providers and it sets out what types of instruments are used to provide this broader international co-operation.
Development aid reached a new peak of USD 142.6 billion in 2016, an increase of 8.9% from 2015 after adjusting for exchange rates and inflation. A rise in aid spent on refugees in donor countries boosted the total – but even stripping out refugee costs aid rose 7.1%, according to official data collected by the OECD Development Assistance Committee (DAC).
Tax revenues in Latin America and the Caribbean (LAC) countries continued to increase in 2015, according to new data from the annual Revenue Statistics in Latin America and the Caribbean publication. The average tax-to-GDP ratio for LAC countries reached 22.8% of GDP in 2015, up from 22.2% in 2014.
Paris, 8 March 2017: Taking place on International Women's Day, this OECD-hosted conference considered questions such as gender differences in financial literacy and inclusion; women working in the informal economy and the role of business: gender differences in the changing pensions landscape; empowering women to fight back against corruption and engaging men to support gender equality in the workplace.
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Women’s economic empowerment is widely recognised as one of the most effective means of catalysing positive social transformation in favour of gender equality with wide-ranging positive impacts for women and their communities as well as national economies.
Poland has built up a small but solid presence in international development and should now focus its limited resources on areas where it can make the most impact, allocating more funds to bilateral aid in priority countries and sectors, according to a new OECD Review.
The detailed final aid figures for 2015 are available since end December 2016. The data add significant detail to preliminary Official Development Assistance (ODA) statistics that were released in April 2016.
The United States has maintained foreign aid volumes through the aftermath of the global economic crisis and has visibly improved the focus and effectiveness of its development assistance. These trends should be maintained and reforms to the U.S. Agency for International Development should be consolidated, according to a new OECD Review.