Ebook: The new face of development cooperation: The role of South-South cooperation and corporate social responsibility

This work aims to present an overview of the international of development finance system
and its outlook for the future, taking into account the changing motivations of donor
countries, as well as the financing needs and recipient countries, their capacity to mobilize
domestic and external resources, and the institutional context in which they operate. The
document highlights two main issues: (1) South-South Cooperation (SSC), which has
acquired a new dimension as a number of developing countries have improved their living
standards and strengthened their links of solidarity with relatively less developed nations; and
(2) the role of the new actors in international cooperation, in particular that of the private
sector, including corporate social responsibility (CSR) initiatives, grants from foundations,
individual donations and various types of associations with multilateral and bilateral
agencies.
The document also tries to characterize the emerging issues relating to the system of
development finance in the context of the financial crisis, as well as the impact of the crisis
on the future outlook for new actors (Section 2). To do so, it analyses the main trends of
international cooperation flows, briefly describes the main changes in the institutional
architecture and places the activities of new actors and the area they occupy in the system of
international cooperation in context.