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Development Without Aid | by Minouche Shafik - Project Syndicate

Summary by Project Syndicate
As major donors like the United States and the United Kingdom slash aid budgets, developing countries are scrambling to fill massive funding gaps amid rising debt distress. New conditions call for a new global development architecture based on humanitarian assistance, shared public goods, multilateral finance, and a positive-sum mindset.

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Development Without Aid | by Minouche Shafik - Project Syndicate

As major donors like the United States and the United Kingdom slash aid budgets, developing countries are scrambling to fill massive funding gaps amid rising debt distress. New conditions call for a new global development architecture based on humanitarian assistance, shared public goods, multilateral finance, and a positive-sum mindset.

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Project Syndicate broke the news in on Friday, April 18, 2025.
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