“Trade not aid” has become a popular mantra. But the debate misses a crucial point: Trade and aid were never meant to compete ...
As China soared to economic prominence in recent decades, it also emerged as a leading source of finance for low- and middle-income countries, according to statistical records, issuing over $1 ...
While development aid is an often-overlooked aspect in bilateral relations and geopolitics, international development cooperation is a prominent foreign policy tool for China, as was foreign aid for ...
Every decade or so, the global aid industry finds that it must transform to survive. During these periods of change, donor countries restructure their aid agencies, shrink or expand their assistance ...
“We can’t fill the gap,” sighs Seramila Teddy, the governor of Sava, a region in the north-east of Madagascar, one of the poorest countries in the world. He says that since President Donald Trump ...
As traditional donors slash foreign-aid budgets, developing countries must mobilize a broader range of financing sources. National development banks, sovereign wealth funds, debt swaps, and ...
Qatar Fund for Development (QFFD) has reinforced its position as a major international development and humanitarian actor, supporting vulnerable communities ...
In June 2024, Lee Jae-myung, then the leader of the Democratic Party of Korea, declared that under then-President Yoon Suk-yeol “$10 billion in aid to Africa eventually disappears into thin air.” More ...
In recent months, the foundations of traditional aid models have begun to erode, as major donor countries scale back their commitments to official development assistance (ODA). This shift has prompted ...