ABSTRACT

This chapter outlines tectonic shift in international cooperation for development and analyses how it affects international cooperation for development 'as we know it'. It seeks to crack open the black box of what these changes might mean for the Global South. The chapter summarizes the field of international cooperation for development 'as we know it' and analyses the underlying reasons for tectonic shift, focusing in particular on the role of new state and private sector actors. The chapter reflects on how shift is affecting the donor landscape and provides a preliminary assessment of its effects on the Global South. International development cooperation 'as we knew it' originated in the post-World War II restructuring of the global economy. The Bretton Woods Conference held in New Hampshire, USA, in 1944 is often referred to as the beginning of development assistance and of the development cooperation era. The financial crisis also played a major role in transforming international development cooperation.