Walter Fust

Sustainable impact of development aid

What is successful development cooperation? How can we move from development aid to development cooperation? Is conditionality an “old sickness of development actors”? What are appropriate shares of local contributions? How should local partners be selected?

Monday 05.03.2012

Walter Fust paid specific attention to the issue of conditionality and its place in development cooperation regimes. In response to the key questions on development, Fust contended that development cooperation should be based on an investors approach. He weighed the costs and benefits of grants/charity versus local resource mobilization. Arguing in favor of the latter, Walter Fust raised important issues related to local contributions to development cooperation. “Success” in development cooperation was defined by Walter Fust as innovation. 

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Ambassador Walter Fust is the former Head of the Swiss Agency for Development and Cooperation (1993-2008). Fust is currently the President of the initiative. In 2008-2010 he was the CEO of the Global Humanitarian Forum in Geneva. He was working in banking and public administration before entering the Swiss Diplomatic service in 1975. Walter Fust is the chairman of UNESCO’s International Program for the Development of Communication (IPDC).

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