The development sphere is abuzz with anticipation, as the Fourth High Level Forum on Aid Effectiveness is set to take place in Busan, South Korea, November 29 to December 1st.
But previous aid effectiveness resolutions have fallen short of providing the desired impact. One of the reasons for their shortcoming is the following: by looking for identifying a universally agreeable standard (of aid transparency, for example), donors end up with a weak lowest denominator resolution. And the reluctance of some new donors like China and Brazil to increase their aid transparency could set the threshold even lower this year. As it stands now, the latest draft of the outcome document is still very general.