Tag: Aid Effectiveness

 

Funders Worry About "Double Counting" – but What About "Double Demanding"?

In the world of international aid, performance payments are a hot topic. But when it comes to signing performance payment agreements, most funders have been reticent. One of the reasons is a fear of “Double Counting” – paying once for investments to achieve outcomes and a second time when the outcomes are delivered. This concern ignores the complexity of achieving development goals and the intangible assets invested by recipient countries. When funders do agree to performance agreements, they end up ignoring the burden on recipients of “Double Demanding” – disbursing when outcomes are achieved and then setting restrictions on the use of those funds. All this confusion gets in the way of designing effective aid programs.

From Noble Intentions to Nobel-Worthy Results

The budget that the President submitted to Congress this week included an 8 percent increase in the international affairs account, including a commendable increase for the Millennium Challenge Corporation. But what we haven’t seen from this administration yet is a concrete proposal for how America can deliver on enlightened self-interest by helping to dramatically accelerate progress among the five billion people worldwide who live on less than $10 a day—well below the US poverty line. 

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