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Foreign Aid Must Focus On Effectiveness, Accountability, Oxfam Report Says

Humanosphere: Aid is not a ‘relic of the past,’ world needs a new vision, Oxfam argues
Humanosphere reporter Tom Murphy discusses a new report from Oxfam calling for a “new vision of aid” focused on effectiveness and accountability. “‘Some people are ready to write off aid as a relic of the past, but aid remains an indispensable resource for the poorest countries which can neither raise sufficient revenues domestically nor attract enough private investment for development. Public financing helps these countries to lead their own development path and absorb other forms of development finance,’ said Winnie Byanyima, head of Oxfam International, in a statement,” Murphy notes (9/14).