Fourth High Level Forum On Aid Effectiveness, Busan, South Korea, November 2011
The Fourth High Level Forum on Aid Effectiveness was held in Busan, South Korea from 29 November 2011 to 1 December 2011. The Forum brought together political leaders, government representatives, parliamentarians, civil society organisations and private sector representatives from both developing and donor countries.
The Forum sought to assess progress in improving the quality of aid against the agreed commitments and share global experiences in delivering the best results; and agreed upon a document to further the effectiveness of aid and development efforts and pursuit of the Millennium Development Goals (MDGs).
South Korea held a large stake in the forum. It is a shining example of a country that has transformed from a net aid recipient to a net aid donor. The holding of the Forum in Busan allowed South Korea to share its own development experience, which has attracted a considerable amount of research in the country since 2008. Since Busan a number of independent commentators such as the European Centre for Development Policy Management have noted that much needs to be done to translate commitments into action.
At the Forum in Busan the decision was made to have the Global Partnership for Effective Development taking over at the end of June 2012. Talaat Abdel-Malek, who formerly chaired the OECD/DAC Working Party on Aid Effectiveness, explains the structure of the new GP in the magazine Development and Cooperation.
Read more about this topic: Aid Effectiveness
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