Despite signs of slowing growth, global development’s emerging donors have seen steady and sustained increases in their foreign aid budgets in recent years. That’s just one of the key findings from last week’s Devex research report, which examined the budgets, priorities and practices of eight emerging donors: the BRICS economies, Turkey, the United Arab Emirates and South Korea.
Yet even as these up-and-coming development players tout their foreign aid largesse as proof positive of their newfound economic standing, five of the donors we profiled actually continue to receive substantial amounts of foreign aid: Brazil, India, South Africa, Turkey and Russia.
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About the author
Lorenzo Piccio@lorenzopiccio
Lorenzo is a contributing analyst for Devex. Previously Devex's senior analyst for development finance in Manila, he is currently an MA candidate in international economics and international development at the Johns Hopkins School of Advanced International Studies in Washington. Lorenzo holds a bachelor's degree in government and social studies from Wesleyan University.
