2012-07-03 Development Aid and Recession
    2012-07-02 17:16:48     CRIENGLISH.com         Web Editor: luyuan


These days, nothing seems to be immune to the global recession. The ongoing economic downturn, most evident in the wealthy Western world, has found a new victim: international development aid. According to a report by the OECD, major donors' aid to developing countries fell by nearly 3% in 2011, breaking a long trend of annual increases. But experts argue that recipients may not necessarily suffer if donor countries can maintain policy assistance in other areas, such as investment and trade.

So, how is the decrease in aid affecting developing countries? And what efforts can be made to compensate for the loss in funding?

Ni hao, you're listening to  People In the Know, bringing you insights into the headline news in China and around the world, I'm Zheng Chenguang in Beijing.

We talk to Yasmin Ahmad, Manager of the Data Collections Unit in the Statistics and Monitoring Division of the Development Cooperation Directorate of the OECD and Geert Laporte, Deputy Director of the European Centre for Development Policy Management.



CRIENGLISH.com claims the copyright of all material and information produced originally by our staff. All rights reserved. Reproduction of text for non-commercial purposes only is permitted provided that both the source and author are acknowledged and a notifying email is sent to us.

CRIENGLISH.com holds neither liability nor responsibility for materials attributed to any other source. Such information is provided as reportage and dissemination of information but does not necessarily reflect the opinion of or endorsement by CRI.

Hourly News more

The Beijing Hour more
The Beijing Hour updated 20:00 2013/12/02
Micro-blog: weibo.com/beijinghour

Highlights more

People In The Know more
2014-01-20 20 Years of NAFTA and the Future of Free Trade
Twenty years on, how should we look back on NAFTA and its achievements?
2013-12-26 Big Data and Cloud Computing (2)
What role can big data play in the world of finance, and the regulation of that role?

Talk to CRI

• China
China News
Chinese Press
• World
Middle East
• Video
Culture Heritage
Beyond Stardom
Dynamic China

Life 360
Panoramic Sports
• Radio
Ways to Listen
• Business
Editor's Choice
Biz Photo
Special Coverage
• Travel
Editor's Pick
What's in
On the Road
• Showbiz
Chinese Films
Music & Stage
Art & Literature
Photo Gallery
Special Coverage
• Language Learning
Ask Pingping and Jules
Chinese Studio
Elementary Chinese
Pop Charts
English News
English Snippets