ukaid food wfp

On World Humanitarian Day: Could We Do Better with Cash?

World Humanitarian Day is an opportunity to celebrate the courage of humanitarian workers, but also to think about how to improve the system. I am chairing a High Level Panel looking at the role of cash transfers in humanitarian aid.

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Rows of people in suits, many looking at blackberries or laptops, in the UN Conference Centre

Addis: A Good First Step, but a Terrible Last Word, for 2015

The Financing for Development Conference in July 2015 in Addis Ababa was never going to solve all the world’s development problems. The policy framework is pretty good, but will only be important if government, companies and organisations now take specific actions. Read the full post »
An old wooden chest on a beach

Financing for development – where the treasure is buried

We won’t get development from global and domestic “tax and spend” alone. We should be focusing more on the huge untapped wealth locked up by policies and behaviour which distort the global economy, creating massive economic, environmental, and welfare losses for most of the world’s population. Read the full post »
The Ajaokuta steel factory in 1994

How should donors work with the private sector?

We are enthusiastic about the growing interest in supporting private investment in developing countries, but it matters a lot how this is done. The tools that donor countries usually use to “crowd in” the private sector — guarantees and cheap loans — distort firms’ incentives by reducing their risks or increasing their rewards irrespective of how well they do. Donors should not pick winners. Read the full post »
Ants forming a bridge across a gap

Can aid agencies help systems fix themselves?

If economic development is a property of a complex adaptive system then what, if anything, can development agencies and NGOs do to accelerate it? Read the full post »