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Views from the Center

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UK Aid Watchdog to CDC: Time to be More Accountable, More Transparent on Development Finance

The Independent Commission for Aid Impact (ICAI) issued a report this week on the performance of CDC–the UK’s development finance institution–in low-income and fragile states. ICAI gives CDC an Amber/Red rating on its performance, which means “unsatisfactory achievement in most areas, with some positive elements.” In particular, the commission says that CDC has not done enough to monitor its performance. 

Can Robots Save Banks? RegTech’s Potential to Solve De-Risking

Policies put in place to counter financial crimes have unfortunately had a chilling effect on banks’ willingness to do business in markets perceived to be risky—due in part to the high price of compliance. Even as changes are being made to address this problem, financial institutions are developing solutions in the form of new cutting-edge technologies to help them comply better and faster with anti-money laundering regulations.

How to Help Haiti in the Aftermath of Hurricane Matthew

In Haiti, already the poorest country in the western hemisphere, Hurricane Matthew’s devastation is still being calculated. We know that hundreds of people have died, and the damage to Haiti’s already-fragile infrastructure is immense. So what can people in rich countries do to help? Based on the latest research on humanitarian disaster relief and on the lessons learned in the wake of the 2010 earthquake in Haiti, here are some do’s and some don’ts for policymakers and individuals.

Kudos to the Philippine Government for Its Foreign Aid Transparency Hub

On April 25, the Philippine government launched Version 2.0 of its Foreign Aid Transparency Hub (FAiTH).   FAiTH records all foreign aid and assistance, in pledges, cash, and non-cash donations, given to the Philippines in the aftermath of Typhoon Haiyan. The portal offers detailed information, by donor.  Information can be accessed online or downloaded for further analysis.  As of today, FAiTH indicates that the government has received $762 million in foreign assistance, of which $248 million is cash and $514 is in-kind assistance.  The total amount of cash received by the government, including from domestic sources, is $336 million.

Haiti Quake: Four Years Later, We Still Don’t Know Where the Money Has Gone

January 12, 2014 marks the fourth anniversary of the massive quake in Haiti that left over 200,000 people dead and several million people homeless.  The response from rich countries was overwhelming—over $9 billion was disbursed towards relief and reconstruction efforts ($3 billion from the United States, an estimated $3 billion in private contributions, and another $3 billion from foreign governments).

Philippines Launches Aid Transparency Hub, Encourages Donor Transparency

This is a joint post with Lawrence MacDonald.

Struggling to provide relief and reconstruction assistance in the wake of super typhoon Haiyan (a.k.a. Yolanda), the Philippines has launched a foreign aid information hub and gently encouraged donors to follow through on their own transparency pledges, with a top official reported in the Philippine press as saying that the two efforts "should go hand in hand."

Let’s Not Help the Philippines Like We Helped Haiti

The immediate aftermath of a natural disaster, such as that the typhoon which devastated part of the Phillipines on Friday, can bring out the best of the global community. There will come a time to discuss how we can do more to prevent the environmental changes which make such events more likely; but the immediate priority is to get water, food and shelter to people who urgently need it. 

Hunger in Haiti in the Aftermath of Hurricane Sandy

Two months ago, Hurricane Sandy swept through Haiti, bringing winds and heavy rain that wiped away buildings, roads, crops, livestock, and fishing boats. By the time the extent of the damage and the humanitarian needs were understood, Americans had their attention fixed almost entirely on New York and New Jersey, not the Caribbean.

Postcard from Haiti: Life after the 2010 Quake

This is a joint post with Julie Walz.

On January 12, 2010, at 16:53 hours, a magnitude 7.0 earthquake struck the city of Port-au-Prince, killing over 200,000 people and leaving several million homeless. Foreign aid poured into Haiti, at the rate of almost a thousand dollars per Haitian. For the past two years, we have been putting together the various pieces of data we could find on aid flows and foreign involvement after the quake. We found that the big international NGOs and private contractors have been the primary recipients of billions of dollars in U.S. assistance have been not been required to report systematically on how they use the funds. There has been a lack of accountability to both the funders and recipients. Our preliminary impressions based on our visit to Haiti are that this lack of accountability is if anything worse on the ground: the NGOs are frequently not accountable to the Haitian government or to the people they aim to serve. We even learned something about earthquakes--for example, did you know that Haiti’s two major faults (the northern Sententrional fault and the southern Enriquillo-Plantain Garden fault) are called slip-strike faults, and are similar to the San Andreas Fault in California? It was the southern fault that triggered the quake two and a half years ago.

Thunderstorm over Port-au-Prince

Credit: Vijaya Ramachandran