You searched for: Publishing Institution International Peace Institute Remove constraint Publishing Institution: International Peace Institute Political Geography South Korea Remove constraint Political Geography: South Korea Topic Foreign Aid Remove constraint Topic: Foreign Aid
- Author: Vanessa Wyeth, Rachel Locke
- Publication Date: 07-2012
- Content Type: Policy Brief
- Institution: International Peace Institute
- Abstract: Amid much fanfare, the “New Deal for Engagement in Fragile States” was endorsed by forty-one countries and multilateral organizations at the Fourth High-Level Forum on Aid Effectiveness in Busan, South Korea, on November 30, 2011. The culmination of two years of work by members of the International Dialogue on Peacebuilding and Statebuilding, the New Deal was hailed as a major breakthrough in efforts to seek a new approach to development assistance to fragile states. By agreeing to the New Deal, donors belonging to the Organisation for Economic Co-operation and Development (OECD) effectively joined with a coalition of seventeen conflict-affected and fragile states calling themselves the “g7+” to shine a spotlight on the need to apply a different development paradigm to these most challenging of contexts. However, the proof of any international agreement is in its implementation. This issue brief provides an overview of the history preceding Busan, the meaning of the agreement reached in South Korea, and prospects for implementation of the New Deal moving forward, with a particular focus on the role of the United Nations.
- Topic: Development, Diplomacy, Globalization, United Nations, Foreign Aid, Fragile/Failed State, Peacekeeping
- Political Geography: South Korea