Development policy: time to look beyond simply managing aid

From Aid | The Guardian Tue Nov 27 2012, 08:07:51

Powerful nations need to do more to reform the governance of the global institutions they dominate, says Owen Barder

Europe at the fin de siècle - the end of the 19th Century - is thought of today as an opulent, decadent and cynical end to la belle époque. This mood of fin de siècle is echoed in today's development policies and aid agencies, similarly following a golden era for aid. Like the European elites of a century ago, the development policy community seems to be paralysed in the face of widely-anticipated (and largely desirable) change.

The structure, incentives and priorities of today's aid agencies reflect their history in a disappearing era when development policy meant rich countries giving aid to poor countries for the alleviation of extreme poverty.

Today's development challenges look quite different, in at least five ways. First, most of the world's poor live in middle-income countries, such as China, India, Indonesia, Pakistan and Nigeria. Second, private investment, remittances and private giving are now far bigger than official aid. Third, there has been healthy growth in many developing countries, bringing increases in prosperity for many, but also great challenges of inequality, environmental degradation and dislocation. Fourth, we are moving from a world dominated by a few rich countries to broader spread of emerging global powers. Fifth and finally, we face a growing array of challenges requiring global solutions, including climate change, macroeconomic imbalances, inadequate financial regulation, tax avoidance, insecurity and corruption.

[view whole blog post ]
 See More    |     Report Abuse

People and Organizations:


You might also be interested in the following news stories:

Africa:   Let's Chart Our Own Plan, Says Kagame at Addis Finance Confab (news)
allAfrica.com
31 March 2015

External support should not be the determiner of Africa's development priorities, Rwandan President Paul Kagame told a gathering of finance and planning ministers and governors of central banks. [read more]

Uganda:   Prosecutor in 2010 Al-Shabaab Case Shot Dead (news)
Deutsche Welle
31 March 2015

The chief prosecutor in the trial of the 2010 al-Shabab bombings in Uganda has been shot dead. Joan Kagezi was attacked as she drove home. [read more]

Nigeria:   PrĂ©sidentielle - Muhammadu Buhari en tĂȘte dans le Nord (news)
Radio France International
31 March 2015

La longue attente des résultats se poursuit après les élections générales de ce week-end au Nigeria. Lundi, la Commission électorale a entamé l'annonce ... [read more]



blogAfrica is allAfrica.com's platform to help you keep an ear on the African blogosphere. We draw diverse voices from around the world who post regularly and insightfully about African issues. Bloggers, submit your blog's rss-feed!