Amid the cut and thrust of high-level discussions at the international level on global goals and the architecture of development finance, a fundamental shift is taking place in developing countries. A new ‘age of choice’ of external financing options for these countries is dawning, and it is set to challenge to primacy of so-called ‘traditional aid’.
A myriad of ‘non-traditional’ sources of finance are providing developing countries with a portfolio of choices to fund their development. And so-called ‘traditional aid’ is fast becoming just one option among many. This implies a more complex global landscape for developing country governments and development partners alike, with new challenges and new opportunities for all.
This event will present the findings and policy recommendations from the ‘age of choice’ project, a year-long investigation into how developing countries are adapting to the new aid landscape.
Report by ODI