Like what you've read?

On Line Opinion is the only Australian site where you get all sides of the story. We don't
charge, but we need your support. Here�s how you can help.

  • Advertise

    We have a monthly audience of 70,000 and advertising packages from $200 a month.

  • Volunteer

    We always need commissioning editors and sub-editors.

  • Contribute

    Got something to say? Submit an essay.


 The National Forum   Donate   Your Account   On Line Opinion   Forum   Blogs   Polling   About   
On Line Opinion logo ON LINE OPINION - Australia's e-journal of social and political debate

Subscribe!
Subscribe





On Line Opinion is a not-for-profit publication and relies on the generosity of its sponsors, editors and contributors. If you would like to help, contact us.
___________

Syndicate
RSS/XML


RSS 2.0

Asian Development Bank - hindering or helping?

By Andrew Hewett - posted Wednesday, 9 September 2009


This is changing. The Australian Government is increasing its monitoring of international financial institutions, and Oxfam welcomes this. But this monitoring must go beyond top-level assessments to include information that looks at development outcomes on the ground. Through AusAID, the Australian Government has in-country desks which can provide the channels to gather this type of information.

The Australian government should make this information publicly available and use it to advise International Financial Institutions to help them improve their operations.

Finally, the Australian Government should explicitly assess the effectiveness of international financial institutions’ initiatives to help developing countries fight the effects of the financial crisis. The current proposals for monitoring funding to International Financial Institutions are improved, but appear targeted towards monitoring of the overall effectiveness. Given the context of the G20 decision as a response to the global financial crisis, the government must track carefully whether the initiatives proposed by the international financial institutions to deal with the crisis are in effect serving to reduce its impacts on the poorest of the poor.

Advertisement

These actions will move us one step further to ensuring that aid money facilitated through the G20 is indeed well spent.

  1. Pages:
  2. 1
  3. Page 2
  4. All


Discuss in our Forums

See what other readers are saying about this article!

Click here to read & post comments.

Share this:
reddit this reddit thisbookmark with del.icio.us Del.icio.usdigg thisseed newsvineSeed NewsvineStumbleUpon StumbleUponsubmit to propellerkwoff it

About the Author

Andrew Hewett is Executive Director of Oxfam Australia.

Other articles by this Author

All articles by Andrew Hewett

Creative Commons LicenseThis work is licensed under a Creative Commons License.

Photo of Andrew Hewett
Article Tools
Comment Comments
Print Printable version
Subscribe Subscribe
Email Email a friend
Latest from OXFAM Australia
 The Aussies and Kiwis shouldn’t leave island neighbours high and dry
 Australian miners 'lacking transparency'
 Take the pace out of PACER
 Asian Development Bank - hindering or helping?
 Humanitarian work - not for the faint hearted
 More...
Advertisement

About Us Search Discuss Feedback Legals Privacy