For decades, development aid has gone either to governments that lack the ability to administer it, or to non-government actors who essentially compete with the state. It is time for a new approach centered on a less ambitious but far more practical objective.
CHICAGO – Development aid is one of the most important policy tools that rich countries have for transferring resources to help poor ones. Between 1960 and 2013, OECD countries gave $3.5 trillion (in 2009 dollars) of official development assistance (ODA). Approximately $568 billion (in 2003 dollars) went to African countries.
CHICAGO – Development aid is one of the most important policy tools that rich countries have for transferring resources to help poor ones. Between 1960 and 2013, OECD countries gave $3.5 trillion (in 2009 dollars) of official development assistance (ODA). Approximately $568 billion (in 2003 dollars) went to African countries.