The document discusses challenges in aid, development finance, and global economic governance in light of the global financial crisis. It notes new challenges for aid donors due to budget pressures and changing priorities around issues like global public goods. It also discusses how emerging markets and decisions by the G20, such as on exchange rates and fiscal policy, have major effects on low-income countries and least developed countries, but that these countries have little voice in forums like the G20. It argues the G20 should improve links to the private sector and formally consider issues facing low-income countries, including potentially giving them seats at the G20 table, to better account for the development impacts of their policies.