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Economic Diversification in Africa: How and Why It Matters - Vimarsana News

Economic Diversification in Africa: How and Why It Matters

Carnegie Endowment for International Peace Source: Getty Summary:  Many African countries have placed economic diversification high on the policy agenda, yet they first need to define what it means in their specific structural and socioeconomic contexts. Related Media and Tools If you enjoyed reading this, subscribe for more! Thank you! Summary For decades, economic diversification has been a policy priority for low- and middle-income economies. In the words of former managing director of the International Monetary Fund (IMF), Christine Lagarde, “We know that economic diversification is go...

Reform public procurement to protect aid money, urges major new anti-corruption study - Vimarsana News

Reform public procurement to protect aid money, urges major new anti-corruption study

Humanitarian aid. Credit Jon Tyson. The biggest study of its kind has proven the link between local political context and the risk that humanitarian aid money is lost to corruption. The study also provides reassurance that the controls that donors may insist upon can be effective at preventing money going astray. The paper “Controlling Corruption in Development Aid: new evidence from contract-level data” is published in the Studies in Comparative International Development journal. It is authored by Liz David-Barrett and Ciara McCorley from the University of Sussex, Mi...