The first thing you’d want to do is define the target: what is meant by ‘poverty’? Perhaps you’d suggest that it was living on a little more than a dollar a day, or watching your children dying from preventable illness. Perhaps it is some combination of limited absolute or relative consumption –living on less than $1.25 a day or in the bottom 40 percent of the income distribution, as it might be. Or maybe you’d go further and suggest that poverty was multifaceted, and only a range of indicators (perhaps as many as 169) could really capture what it was to be satiated or deprived.
CGD Policy Blogs
When designing and implementing Social Impact Bonds (SIBs), practitioners and policy innovators in the developing world will inevitably face the challenge of understanding and adapting SIBs to each government’s legal jurisdiction.
Update: This blog was updated on 3/11/2015 from the original version.
The days of pushing priorities, pet projects, or expat consultants on countries are coming to a close. Connected and increasingly empowered individuals are demanding a greater say in setting priorities, designing and implementing programs, and assessing whether projects have achieved their desired results. For those agencies that recognize this trend, the question is how to meaningfully and cost effectively engage citizens in real time.
In the world of international aid, performance payments are a hot topic. But when it comes to signing performance payment agreements, most funders have been reticent. One of the reasons is a fear of “Double Counting” – paying once for investments to achieve outcomes and a second time when the outcomes are delivered. This concern ignores the complexity of achieving development goals and the intangible assets invested by recipient countries. When funders do agree to performance agreements, they end up ignoring the burden on recipients of “Double Demanding” – disbursing when outcomes are achieved and then setting restrictions on the use of those funds. All this confusion gets in the way of designing effective aid programs.
India just did something big for the climate: it announced that it will allocate $6 billion a year in tax revenue in a way that will encourage forest conservation. That’s more results-based finance for forest conservation than any other country in the world, including the current biggest spender Norway.
Here's my wish list for the future of the Millennium Challenge Corporation: Elevate the MCC’s leadership role in US development policy and practice and prove the MCC model’s relevance to the big development and foreign policy challenges of our time, including strategic and fragile states.
Recently Tunisia has cemented its reputation as the brightest hope to emerge from the Arab Spring and we are heartened by the response to this progress, with President Obama requesting a more than doubling of US assistance to Tunisia in his 2016 budget request.
Dr. Raj Shah has officially left the building. USAID’s headquarters in the Ronald Reagan building that is. He has a long list of accomplishments to take with him.
With Raj Shah now departed as USAID Administrator, there has been much speculation on who might replace him. It is critical that the Obama administration nominate a new USAID Administrator quickly. But with two remaining years and much development work to do at the Agency, what characteristics should President Obama look for in his new Administrator?
With Raj Shah stepping down as USAID Administrator last week, many are taking stock of the numerous accomplishments during his five-year tenure at USAID. One of the unsung achievements of his term was announcing and implementing USAID’s Evaluation Policy.