ONE proposes the IMF use surplus profits from revaluing gold to support the G-20 promised $6 billion in additional resources for highly concessional lending or grants for the world's poorest countries. Downloadable PDF.
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After difficult negotiations, the G20 summit yielded potentially significant gains to the world's poorest countries.
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If you really want to know what Africans - leaders, policy makers and aid beneficiaries -- think about aid and what many Africans working on the ground to improve the lives of poor people think about Ms. Moyo's prescriptions, read these comments. MORE
Dead Aid, a new book by economist Dambisa Moyo, claims that aid is the cause of all of Africa's problems. While ONE has never argued that development assistance is a panacea, the facts are clear that targeted aid does have a positive role to play in promoting development in the poorest countries - especially at this time of global economic crisis. This role must be seen alongside other prerequisites for progress: trade, private investment and improved governance. MORE
G20 leaders must include the poorest in any global solution to the current crisis, both because they will be hardest hit and because their economic growth can be part of the long term solution. MORE
New research commissioned by ONE found that investing $50 billion in a stimulus package for Africa would have benefits for both Africa and the rest of the world.
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The 2008 ONE Award Finalists. MORE
Development Communications (Devcoms) Network is a media-development and capacity-building non-governmental organization that engages media in the development process with a strong emphasis on science and public health journalism. MORE
Report of the 2008 Development Assistance to Sub-Saharan Africa. PDF Download.
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With a new Congress and a new Administration in place, there is an opportunity to prioritize development and modernize the U.S. structure for delivering assistance.
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