Viewpoint by Dr. Patrick Gomes*
BRUSSELS (IDN) - Development cooperation in the 21st century is compelled to move beyond the simplistic paradigm of transferring funds from the developed North to the developing South.
With the global endorsement of Agenda 2030, including new modes of development finance, the proliferation of actors, and the rise of emerging economies, the traditional “donor – recipient” aid paradigm needs to be buried.
The long-standing and comprehensive North-South approach to development cooperation between the 28-member EU and 78 African, Caribbean and Pacific (ACP) countries, could well have invaluable horizons for innovation and enhanced development effectiveness.
