TOP co-chair Clare Short shared her views on the effectiveness of overseas aid with the Guardian in an interview last week along with economist Ha-Joon Chang.
Clare pointed out that next to the £40bn we spend on defence and the £600bn public expenditure, £8bn on aid is a tiny sum: “Funding that helps countries speed up their development is just about decency, and also about the world being safer and more secure in the future.”
When asked about the fact that Africa has received $1tn of aid in the past 50 years, Clare commented that Africa has just had its best decade since independence – the millennium development goal of halving the proportion of people living in extreme poverty has been met and there is a massive increase in children in primary education. However, there are still things that can be done better.
Clare also spoke about the need for supervision and transparency regarding aid money that is put through government budgets to ensure that the money is well spent.
The full interview can be found here