Abstract
The advent of the new millennium has witnessed the embracing of a different perspective on global health aid. New and innovative mechanisms in health-aid financing are leading to new opportunities, focused on greater innovation, risk taking and speed. However, these opportunities might not fully materialize if the traditional approaches of channeling and using funds are followed. To maximize global aid effectiveness and to have a realistic chance of achieving the Millennium Development Goals, the implementation of a holistic approach to the global architecture of health aid will be essential.
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