Making Development Cooperation Work
- 05 Sep, 2016
In recent times, emerging economies including that of India have made a mark in the international aid regime that has all along been dominated by OECD (Organisation for Economic Cooperation and Development) countries. Considering the lingering recessionary conditions in the North and the growing significance of BRICS in the global economy, South-South development cooperation is expected to play a significant role in the international aid architecture. Taking into account the significance of development cooperation as a strategic foreign policy tool, this Policy Brief provides a few policy recommendations to enhance the development effectiveness of India’s development assistance and also to evolve a South-led alternative to the existing system of international development cooperation.
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