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Foreign Aid

Devel-APP-ment - The Top 5 Lessons from the App Industry

Tanya Gupta's picture

The big 5 multilateral development banks(MDBs) (World Bank Group, African Development Bank, Asian Development Bank, European Bank for Reconstruction and Development, and Inter-American Development Bank) collectively provided close to $100 billion in concessional and non-concessional lending in 2012 or FY13. Of late, their size, traditionally an advantage, has become something of a disadvantage. The MDBs are facing intense challenges in at least three major ways. One - criticism from academics, developing nations and others that foreign aid is detrimental for a country’s growth. Two - technology has diluted the monopolistic advantages they had (knowledge, networks, access to funding) and is leading to new models of development.  As echoed by World Bank President Jim Kim, there is a "need for alignment" for development institutions in "a rapidly changing world."  Three - more and more countries are shifting from demanding traditional loans to demanding knowledge and knowledge products, and development institutions are only now starting to respond to this challenge.

Weekly Wire: The Global Forum

Roxanne Bauer's picture

These are some of the views and reports relevant to our readers that caught our attention this week.


2014 Human Development Report - Sustaining Human Progress: Reducing Vulnerabilities and Building Resilience
UNDP
As successive Human Development Reports (HDRs) have shown, most people in most countries have been doing steadily better in human development. Advances in technology, education and incomes hold ever-greater promise for longer, healthier, more secure lives. But there is also a widespread sense of precariousness in the world today—in livelihoods, in personal security, in the environment and in global politics. High achievements on critical aspects of human development, such as health and nutrition, can quickly be undermined by a natural disaster or economic slump. Theft and assault can leave people physically and psychologically impoverished. Corruption and unresponsive state institutions can leave those in need of assistance without recourse.
 

The State of the State
Foreign Affairs
The state is the most precious of human possessions,” the economist Alfred Marshall remarked in 1919, toward the end of his life, “and no care can be too great to be spent on enabling it to do its work in the best way.” For Marshall, one of the founders of modern economics and a mentor to John Maynard Keynes, this truth was self-evident. Marshall believed that the best way to solve the central paradox of capitalism -- the existence of poverty among plenty -- was to improve the quality of the state. And the best way to improve the quality of the state was to produce the best ideas. That is why Marshall read political theorists as well as economists, John Locke as well as Adam Smith, confident that studying politics might lead not only to a fuller understanding of the state but also to practical steps to improve governance.

 

Weekly Wire: the Global Forum

Kalliope Kokolis's picture

These are some of the views and reports relevant to our readers that caught our attention this week.

One
The Promising Game-Changers in Global Development: Social Innovators

“Turning on a light, warming a house, and using an appliance are activities that most of us take for granted. But in many parts of the developing world, access to electricity is scarce. Enter “sOccket,” a soccer ball that harnesses the kinetic energy of play to generate electricity. When kicked, it creates energy that can be stored and then used later to charge a battery, sterilize water or light a room.

SOccket has received a lot of attention recently – from the likes of Aneesh Chopra, the first White House chief technology officer, to former President Bill Clinton, who called sOccket “quite extraordinary.” The attention isn’t surprising – the invention is clever, it’s creative, it’s relatively cheap, and it takes on one of the biggest challenges in the developing world.”  READ MORE

The Revolution Will Not Be Donor-Harmonized

Shanthi Kalathil's picture

It's hard not to be inspired by Nick Kristof's article on "The D.I.Y. Foreign Aid Revolution" in the New York Times. His detail-rich story of energetic, socially conscious people routing around the bureaucracy of large aid organizations to tangibly and directly improve people's lives in the developing world is both important and thought-provoking. And it helps reframe the ongoing debate about the effectiveness of development assistance from one of "nothing works" to "there are so many ways to make this work."