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World Economy Brief

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Recent Trends in Aid Predictability and the Policy Implications

This paper mainly covers the medium-term aid predictability by reviewing the evolution of international-level discussions on
the issue. This paper also provides a brief diagnosis on Korea’s current budgetary process and multi-year spending plan on ODA. Finally, it draws policy implications for Korea as a new DAC member as well as a steering committee member of the
Busan Global Partnership for Effective Development Co-operation.
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