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    More on the Definition of ODA: Proper Credit for Credits

    CGD’s recent publication of my paper on improving the statistical definition of Official Development Assistance (ODA) brought me into contact with several people involved with the ongoing review of this issue. (For the history of that process see my previous post.) Those conversations have stimulated my thinking. They have also helped me appreciate that among the questions in play, the hottest is how to count loans in ODA—where “hot” is some blend of complicated and controversial.

    I wrote about loans in my last post. But I focused on arguing against factoring the probability of default into the assessed financial value of a loan. Here, I’ll explain some other loan-related recommendations. In another post, I’ll talk about other questions.

    Publication

    The definition of foreign aid—Official Development Assistance, or ODA—is in crisis. The statistical aggregate assumed its current form between 1968 and 1972, and has failed to adjust to the times.

    Publication

    In the wake of the COVID-19 pandemic, official development assistance (ODA) remains an essential, though often criticised, form of external financing for developing countries.

    Publication

    This is the data set for Policy Paper 44 which analyzes 14 proposals to change or preserve aspects of the official aid measurement system.

    OECD Dispute with Oslo Has a Bad ODA

    In Norway last year I met with the impressive staff of one of the world’s largest and smartest NGOs. They were unhappy that Norwegian aid money was being used to discourage deforestation in Brazil instead of to immunize children and educate girls in low-income Africa—in other words, to deal with climate change rather than “development.”  I countered that minimizing climate change is a crucial piece of development, and urged them to rethink the issue. 

    Publication

    This note explores what happens to the value of ODA loans if more realistic discount rates are chosen. In short, the value of ODA loans falls by over a half.

    Is ODA DOA?

    Something’s stirring out there, as the perennial grumbles about official development assistance (ODA) morph into claims of its demise.

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