Reinventing the role of ODA

Re-defining ODA should not be seen as an arcane and primarily technical subject. It addresses the fundamentals of aid effectiveness as well as the role that governments can be expected to play. In our increasingly complex societies, public action, both national and international, should be mainly thought of in terms of incentivizing and coordinating behaviors. However, most aid “architecture” and practice is based on donors actually financing visible outputs, whether goods or services. At a time when the notion of “shared value” prompts us to revisit the concept of public-private partnerships, modernizing the definition of ODA can herald a sea-change in development effectiveness.

Opinion 2 MIN