Reality of Aid
0.7 target, instead it is 0.23
ODA is in decline. Is 1998 a statistical blip? Depends on the Asia crisis.
Multilateral share is in decline (except WB, IMF)
This reflects changes from after the Cold War
- budget deficit reduction in rich countries
- lesser political relevance of developing world and multilateralism
- immoral, if not just short-sighted behavior
Net private capital inflows rose spectacularly, but to the happy few & volatile. So, much depends on economic climate (stock markets, economic crises)