Wednesday, November 30, 2011
Declaration of the 4th High Level Forum on Aid Effectiveness
Change the paradigm of the international aid policy from 'aid effectiveness' to 'development effectiveness' and build a new comprehensive global partnership which embraces the principal donors such as industrialized and emerging countries, private donors, and more.
The Busan declaration, with the four common principles, includes △the ownership of the developing countries with development priorities △result-oriented from the central results △inclusive development partnership △transparency and mutual accountability.
In the four actions, adopt △a deepened and expanded democratic ownership of the development policies and processes △a strengthen effort to get concrete and sustainable results △support enlargement for the South-South triangular cooperation and support tailored to the needs and circumstances of individual country △ support for Development Cooperation activities so that it can act as a catalyst for development.
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