Alchemy is well known as the science of turning invaluable substances into gold. But it symbolizes transformation of the most radical kind. (From the Arabic word al-kimia, alchemy literally means "the art of transformation.")
So what does accountability have to do with radical transformation? According to the Society for Elimination of Rural Poverty (SERP) , a government agency in Andhra Pradesh, India; accountability is key to ensuring transformation of the poor.
SERP is implementing the Andhra Pradesh Rural Poverty Reduction Project, locally known as Indira Kranthi Patham (IKP) in all the 22 rural districts of Andhra Pradesh. IKP is the longest running livelihoods program financed by the World Bank in South Asia but what makes the project unique is not large-scale spending. It is the slow, intentional process of building institutions of and by the poor that no amount of money alone has been able to accomplish. The idea behind this project is that accountability and sound governance practices must be embedded in the norms and culture of institutions rather than treated as after-thoughts.