n Development Finance Agenda (DEFA) - Europe beyond aid : what is Europe's commitment to development?
|Article Title||Europe beyond aid : what is Europe's commitment to development?|
|© Publisher:||Chartered Institute of Development Finance (CIDEF)|
|Journal||Development Finance Agenda (DEFA)|
|Affiliations||1 Center for Global Development and 2 Center for Global Development|
|Publication Date||Jan 2015|
|Pages||4 - 7|
The Commitment to Development Index (CDI) evaluates rich countries' policies that affect the more than five billion people living in poorer nations. Building on the CDI framework this paper introduces Europe Beyond Aid initiative, which assesses Europe's performance in 7 policy dimensions, identifies strengths and weaknesses, and derives policy recommendations for Europe collectively, or member states individually. Furthermore the paper discusses European policies with regard to financial transparency and support to investment abroad. The findings suggest that Europe performs about average compared to other developed regions, and performance in financial transparency is slightly worse than in investment support. In both areas there are significant differences among European countries which imply countries can move to the frontier by emulating each other's best practice.
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