by Reality of Aid | Mar 11, 2021 | Development Cooperation, Development Finance, International Finance Institutions, RoA Global
On November 5th 2020, the British government announced that it would spend only 0.5% of its Gross National Income (GNI) on Official Development Assistance (ODA) – a huge departure from the legally mandated and internationally agreed target of 0.7%.[1] In a separate...
by Reality of Aid | Oct 6, 2020 | Agenda 2030, Development Cooperation, Events and Meetings, International Finance Institutions, RoA Asia Pacific
Several developing countries in Asia Pacific continue to struggle against Coronavirus despite the wealth of information and best practices from other developing countries which have already flattened the curve. In many parts of South Asia and Central Asia, for...
by Reality of Aid | Aug 3, 2020 | Development Cooperation, Events and Meetings, International Finance Institutions, News, ODA, RoA Asia Pacific
With the rising development aggression among rural communities, ballooning national debt of developing countries, and countless violations of peoples’ rights, it is imperative to review the frameworks of new, Southern-led international financial institutions (IFIs)...
by Reality of Aid | May 22, 2020 | International Finance Institutions
Rising to prominence in the wake of World War 2, international finance institutions (IFIs) were formed by multiple countries, purportedly for economic cooperation for postwar reconstruction as well as regulating postwar debt payments between countries. But they have...
by Reality of Aid | Apr 28, 2020 | CSO Partnership for Development Effectiveness, Development Cooperation, Development Finance, Highlights, International Finance Institutions, ODA, RoA Asia Pacific, Special Reports
The Asian Infrastructure Investment Bank (AIIB) and the New Development Bank (NDB) have touted themselves as the much-needed alternatives to the Western-dominated traditional International Finance Institutions (IFIs) like the World Bank Group (WBG) and International...
by Reality of Aid | Nov 23, 2019 | International Finance Institutions, News
ADB’s newly-published Strategy 2030 is just a continuation and rehash of the failed Strategy 2020 released in 2008. After a decade of implementation, ADB acknowledges that the long-standing and new challenges and problems in the region have remained unaddressed, and...
