Wednesday, June 24, 2009

SMART Aid


The ONE Campaign has, for a while now, been on the front lines of the debate about the effectiveness of aid. Contrary to what Dambisa Moyo's book says about development assisance, ONE believes that aid should be improved and increased. As a guideline, they have come up with "SMART aid," a list of attributes that would make aid effective in fighting global poverty:

S - Sufficient in scale to achieve its intended goals.
M -Measurable so taxpayers and recipients can see results and monitor progress over time.
A - Accountable to the citizens of developing nations.
R - Responsive to the specific needs of the citizens for whom it is intended.
T - Transparent, to allow scrutiny by civil society and the media.

Read more on the ONE website.