How can donors know if their aid is making a difference? This question is tougher than it seems. Attributing results to donor inputs seems straightforward if the donor pays for progress on a measurable outcome, as CGD has proposed for Cash on Delivery Aid (COD Aid). If the desired results are achieved—say an increase above an agreed baseline in the number of kids completing primary school and taking a competency test—then the program has demonstrated value for money, no?
CGD Policy Blogs
Here’s a fact about the IMF reform package, agreed in 2010 in a negotiation led by the United States and since approved by 158 countries, but (embarrassingly and cavalierly) stalled in the US Congress: It would increase Ukraine’s access to IMF resources to deal with its financial troubles by more than twice the special $1 billion of loan guarantees for Ukraine that the Obama Administration has proposed to the Congress — and potentially almost six times as much — at virtually no cost to US taxpayers.