With concern about how to finance the Millennium Development Goals (MDGs) widespread, recent donor pledges to raise aid volumes are welcome. However, aid alone will not suffice – bringing in new actors and sources of development finance will be essential. In many developing countries, this is...

Alors même que les volumes d’aide publique augmentent, l’accès aux sources de financement du développement devient de plus en plus complexe. Les gouvernements des pays en développement ont besoin de mieux connaître les flux privés de financement pour pouvoir concevoir des politiques de...

Despite growing aid volumes, financing development is becoming more difficult, not less. Better information on private finance flows will help developing-country governments craft more effective policies. Without stronger government leadership, well-intentioned but diverging donor approaches...

L’« appropriation » rend l’aide plus efficace en élargissant les options politiques de ses bénéficiaires. Les gouvernements doivent encourager l’élaboration de stratégies de développement et l’organisation de débats au niveau local. La conditionnalité est un échec.

“Ownership” makes aid work better when recipients can choose between policy options. Governments need to encourage home-grown development strategies and free local policy debates. Policy conditions on aid don’t work.

Donors, aid agencies and recipient governments are having a hard time implementing their promises on aid. Options based on a better understanding of their diverse priorities would help make the aid system more effective. Policy makers pursuing poverty reduction and other development goals should...