Download the DAC Chair’s letter outlining the project .or Read onlineThe global development finance landscape is changing. External resources for development used to come largely as aid from governments. Now most developing countries have access to a much wider range of flows. Foreign direct investment is increasing, and so are personal remittances. Many developing countries are issuing bonds, and numerous innovative financing mechanisms are operational or under consideration. Our work stream on external financing for development aims to modernise our statistics on the flow of resources, and provide new insights and pioneering research. This page is a hub for information on this work.
Rethinking development aid
The OECD is working to devise a new, broader measure of official support for development to reflect big changes since the concept of ODA - or official development assistance - was devised. Private capital flows are now much bigger than traditional aid and there has been a geographical shift in where the world's poorest people live.
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