Multilateralism

Europe’s approach to development could be characterized as energetically tackling the symptoms of poor economic opportunities for developing countries by providing substantial and effective aid, while doing relatively little to tackle the underlying structural causes of poverty.

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The UK has repeatedly said that it favours merit-based appointments of the heads of the World Bank and IMF.  It is also a leading advocate for transparency and accountability in development. Now it can live up to both these commitments. The average British family contributes more than £30 a year to the World Bank and they are entitled to hold the British government to account for the choices that the British government makes about how it is managed.

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Our evidence to the House of Commons International Development Committee shows that donors are not on track to meet their commitments to increase aid, which they made in 2005. As a result, millions more people are living in poverty. The financial downturn is a "quadruple whammy" for developing countries. Continue reading
About Owen

Owen Barder is the Europe Director at the Center for Global Development. He writes here about development, economics, politics, computers, running, and anything else that interests him. He also hosts Development Drums.


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