Cash Aid for Africa
Europe has made an ambitious commitment to scale up its aid to Africa, but boosting aid to countries that are already aid-dependent requires clearer delivery mechanisms and a degree of budgetary predictability. Something new is called for, and cash transfers directly to poor people could be an alternative.
STOCKHOLM – Europe has made an ambitious commitment to scale up its aid to Africa, and Africa’s challenges call for that greater engagement. But boosting aid to countries that are already aid-dependent requires clearer delivery mechanisms and a degree of budgetary predictability. Something new is called for, and cash transfers directly to poor people could be an alternative − but only as a part of a longer-term vision of partner countries’ welfare systems.
STOCKHOLM – Europe has made an ambitious commitment to scale up its aid to Africa, and Africa’s challenges call for that greater engagement. But boosting aid to countries that are already aid-dependent requires clearer delivery mechanisms and a degree of budgetary predictability. Something new is called for, and cash transfers directly to poor people could be an alternative − but only as a part of a longer-term vision of partner countries’ welfare systems.