November 4, 2018 Global Policy Uma 0 comment

The Changing Aid Architecture: Can Global Initiatives Eradicate Poverty?

Recently almost all the major official donors of aid have promised to double their aid levels. And new champions of the global poor, notably Gates, Bono, Buffett, and Clinton, have helped to dramatically raise aid funding from unconventional sources. But what the new resources achieve will depend greatly on how they are channeled. A larger share of official development assistance now goes through partnership based global programs. Recent evaluations of global programs raise doubts about the wisdom of some popular approaches and suggest directions for reform of the aid architecture. The sweeping organizational, managerial, and administrative reforms of the United Nations proposed by the UN Secretary-General also make an assessment of the rapidly changing global aid architecture timely to achieve the Millennium Development Goals.