When rethinking public aid as a catalyst for development-oriented private investment, several elements need to be taken into account.
▶As a ‘post-Busan’ donor, Spain could act as a strategic channel, providing know-how for collaboration with MICs in development.
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Iliana Olivié is Senior Analyst at the Elcano Royal Institute. Her work focuses on global development (international cooperation, economic development and global finance for development). She also coordinates the Elcano Global Presence Index (IEPG) and is lecturer at the Complutense University of Madrid.