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Symposium 2008

Empowering the World's Poor Countries

The Challenge

Roughly 20 percent of the developing world’s population lives on less than $1 a day. What are the most effective ways to make poverty history? There are two broad ways of empowering the world’s poor countries, one involves aid and the other self-help.

Development aid has been approached through the “Big Push” method, which holds that large amounts of foreign aid are needed in order to push the poorest countries over the development threshold, and the “Big Scrutiny” method, which considers a stricter targeting of aid, a better evaluation and result-based financing of aid projects, and focusing aid on reliable and honest governments. Self-help involves initiatives by governments of poor countries and private-sector initiatives.

What combination of development strategies is required to make a decisive step in reducing global poverty? What is the appropriate turf for self-help and for development aid? How can self-help and development aid be used to leverage one another strengths? How can private enterprises contribute most effectively to this process?

    Solutions

    Solution
    Symposium 2008

    Create good governance by strengthening peer review, establishing international agreements on state and business transparency, and monitoring through the recipients of aid.

    Create good governance by strengthening peer review, establishing international agreements on state and business transparency, and monitoring through the recipients of aid.

    Create good governance by strengthening peer review, establishing international agreements on state and business transparency, and monitoring through the recipients of aid.

    Polity, Academia, Business, Civil Society
    Solution
    Symposium 2008

    Scrutinize and monitor the spending of commodity revenue with the aim of promoting transparency and accountability.

    Scrutinize and monitor the spending of commodity revenue with the aim of promoting transparency and accountability.

    Scrutinize and monitor the spending of commodity revenue with the aim of promoting transparency and accountability.

    Polity, Business, Civil Society
    Solution
    Symposium 2008

    In countries with low governance standards, handle public services through an independent service authority, jointly managed by government authorities, civil society and donors.

    In countries with low governance standards, handle public services through an independent service authority, jointly managed by government authorities, civil society and donors.

    In countries with low governance standards, handle public services through an independent service authority, jointly managed by government authorities, civil society and donors.

    Polity, Civil Society
    Solution
    Symposium 2008

    Invest in connectivity by creating a global marketplace for trade in tasks, along the lines of Ebay.

    Invest in connectivity by creating a global marketplace for trade in tasks, along the lines of Ebay.

    Invest in connectivity by creating a global marketplace for trade in tasks, along the lines of Ebay.

    Polity, Business

    Proposals

    Proposal
    Symposium 2008

    Empowering the World Poor Countries

    The high prices of commodities often exported from the poor countries offer a tremendous opportunity for development. But the empirical evidence of poverty, conflicts, environmental destruction, autho ...

    The high prices of commodities often exported from the poor countries offer a tremendous opportunity for development. But the empirical evidence of poverty, conflicts, environmental destruction, authoritarian rule in resource rich countries is a stark reminder of the need to reform these countries in order to turn their riches into benefits for their people. The main challenge is to strengthen governance in this sector. We should remember that their leadership of these countries has for decades been systematically corrupted by international companies – very often Northern companies – who systematically promoted their short term interest with the permission, and

    Polity, Business, Civil Society
    Proposal
    Symposium 2008

    Empowering the World's Poor Countries

    How Aid Can Be Improved Aid should be limited to cases where it can make a difference and concentrated on places where the circumstances are promising. Donor coordination should be improved to make ai ...

    How Aid Can Be Improved Aid should be limited to cases where it can make a difference and concentrated on places where the circumstances are promising. Donor coordination should be improved to make aid more effective. Aid projects should be evaluated properly and evaluation results should be published transparently. Big-push aid should be used for infrastructure investments, to enable land-locked, badly connected countries to benefit from international trade. Big-scrutiny aid should be focused on honest governments and used to carefully assist the rebuilding of post-conflict states. How Self-help Can Be Improved Initiatives such as the African Peer Review Mechanism are

    Polity, Academia, Business, Civil Society