Abstract
Many emerging economies have been gradually evolving from recipients of Official Development Assistance (ODA) to new donors. While statistical information of their contribution varies due to heterogeneous definitions, criteria, and data availability, the impacts of emerging economies’ increasing engagement in international development have become visible. Their growing role in international development does not just reflect a shift of the center of gravity of the global political economy toward the South and East, but has paved the way for rethinking and reforming ODA.
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Notes
- 1.
Estimated based on information from World Development Indicators.
- 2.
International Monetary Fund, World Economic Outlook, April 2017: Gaining Momentum? 2017: 67.
- 3.
Estimated based by OECD DAC Statistics. http://stats.oecd.org.
- 4.
A widely cited paper published by the Development Centre of OECD estimates that tied aid raises the direct cost of products by 15% to 30% on average, but the finding was tentative, and no specific source was provided.
- 5.
For other emerging donor regions such as the Middle East, see: ODI (2017).
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Jing, Y., Mendez, A., Zheng, Y. (2020). New Development Assistance in the Making: An Introduction. In: Jing, Y., Mendez, A., Zheng, Y. (eds) New Development Assistance. Governing China in the 21st Century. Palgrave Macmillan, Singapore. https://doi.org/10.1007/978-981-13-7232-2_1
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