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Which country’s aid is the best? And who is giving what to whom? Recent statistics from the OECD tell us that the amount of aid given to poor countries was at an all-time high of $137.2bn in 2014 – the latest year for which figures are available. That’s up by just over 1% on the previous year, but the proportion of aid going to the poorest countries has fallen.
In this podcast, CGD Senior Fellow Owen Barder, who leads our Europe program and heads up our annual Commitment to Development Index (CDI), reflects on the figures and discusses new work on the aid figures used to calculate the CDI – they allow us to see which country does aid best, whether generosity correlates with aid quality – and what else countries should be doing beyond aid to improve development.
CGD blog posts reflect the views of the authors, drawing on prior research and experience in their areas of expertise. CGD is a nonpartisan, independent organization and does not take institutional positions.
The world is in the throes of a health, economic, and social crisis due to the COVID-19 pandemic. Slower global growth has significantly worsened the economic prospects for all countries, including the poorest ones. Low-income countries (LICs) are also finding it more difficult to service their external debt as well as to access private capital—concessional and non-concessional