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Making aid work for inclusive development: Turning words into deeds

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UNCTAD
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Over the years aid has been provided to address a variety of problems. There are grounds for both satisfaction and disappointment though generally aid sceptics have failed to prove their case. Still, there is a need for a new international architecture for aid that ensures that official development assistance (ODA) better complements national resource mobilization efforts, helping to fill the gap between domestic savings and the volume of investment required to meet national development goals, including the Millennium Development Goals (MDGs).