| The financial and economic crisis of 2008 is estimated to have significantly reversed global efforts in poverty reduction by pushing about 50 million people back into extreme poverty by 2009 and 64 million people by the end of 2010. The recent economic developments combined with fiscal constraints in developed countries will likely result in lower aid flows. This year’s annual report of the Knowledge for Change Program (KCP) is devoted to “Aid Effectiveness.” The reason is that we need to squeeze out as much development impact as possible from every aid dollar in the developing world. Read More>> |