Official development assistance (ODA) to developing countries increased steadily during the 1970s and 1980s. The end of the Cold War led to a significant decline in global ODA over the first half of the 1990s, after which it returned to its pre-1991 upward trend. Recent Group of Eight commitments to double aid to Africa suggest that this upward trend will continue. While almost three-fourths of ODA during 1970–2003 was provided through bilateral programs, the proportion channeled through multilateral organizations has increased since the 1980s. Private aid has displayed a more steady trend, growing slowly over the past three decades to around 11 percent, although the official data are almost certainly understated.
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