Ideas to Action:

Independent research for global prosperity

CGD Policy Blogs

 

How Much Aid is Really Lost to Corruption?

One of the questions reportedly from the Presidential transition team to the State Department was: “With so much corruption in Africa, how much of our funding is stolen?” During the nomination hearings for Rex Tillerson to be Secretary of State, Senator Rand Paul provided one answer: seventy percent of aid is “stolen off the top.” The question is a fair one to ask. The bad news is that the short answer is “we don’t know.” The better news is that the slightly longer answer is “nowhere near 70 percent.” And the best news is that if we spent more time tracking the results of aid projects, we’d have a much better idea of where corruption was a problem and if our efforts to reduce it were working.

Gender and the Business of Innovation

Women account for just 15 percent of all listed inventors behind nine million patent applications across 182 countries. On current rates, we won’t achieve gender parity in inventors until around 2080. It would be in the interests of both innovative firms and the countries that house them were we to pick up the pace. Leveling the playing field for women innovators would be good for them, good for employers and good for productivity.