Towards the Privatisation of Development Aid? Faced with the scale of global needs and tightening budgets in donor states, new private actors (investors, foundations and corporations) are playing a growing role in development financing. This shift is reshaping the traditional logic of aid and raises questions around governance, priorities and justice. At the same time, countries of the so-called Global South are increasingly challenging a model seen as asymmetric, calling instead for more balanced partnerships aligned with their own development strategies.