The multilateral aid landscape is seeing a subtle, but significant, shift.
In 2013, the latest year for which detailed aid figures from the Organization of Economic Cooperation and Development are available, core resources channeled to multilateral organizations amounted to $41 billion, while earmarked funding reached an all-time high of $18.2 billion.
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Anna Patricia Valerio is a former Manila-based development analyst who focused on writing innovative, in-the-know content for senior executives in the international development community. Before joining Devex, Patricia wrote and edited business, technology and health stories for BusinessWorld, a Manila-based business newspaper.