EURODAD: revising financial relations between North and South

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Rating: 4.6/5 with 5 votes

Published Monday, June 2, 2008 at 14:15
by Editor (546 views and 1 comments)

EURODAD, the European Network on Debt and Development, gives its input for the manifesto2009. Marta Ruiz, EURODAD policy and advocacy officer, speaks about aid effectiveness and financial relations between rich and developing countries.

Read EURODAD' contribution for the manifesto2009 here.

Tags: development, globalization, poverty

Comments

1. Question marks by lazett on Monday, June 2, 2008 at 16:38

Financial flows between North and South raises my concerns as I would like to see more transparency on all the process, not only from the donors but also from those who receive the funds. When I think on this, I conclude I have much more questions than answers to give: why didn't the developed countries reached the 0.7% of the GPD to aid developing countries, promised years ago? Nevertheless, does all the money reach its final "destination", or it is rather deturned somewhere in the middle of the transference process? And how can we improve transparency?

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