Billions are spent on aid every year. Over the past five decades, countries in the global North have transferred more than $1 trillion in development-related aid to Africa alone. This event will discuss how aid can deliver sustainable economic growth and poverty reduction, without trapping nations in cycles of aid-dependency and corruption. We will explore the innovations in the field of aid financing – from microfinancing to private sector initiatives – and consider the challenges and opportunities that these innovations entail.
Rachel Glennerster is Chief Economist of DFID - UK Department for International Development. Previously, she has worked as the Executive Director of the Abdul Latif Jameel Poverty Action Lab (J-PAL) and helped establish the Deworm the World Initiative.
Romilly Greenhill is Director of ONE UK, a global movement campaigning to end extreme poverty and preventable disease by 2030. Previously, she has lead DFID - UK Department for International Development’s work on aid transparency, ran the International Aid Transparency Initiative (IATI) and spent six years as a Senior Research Fellow and Team Leader at the Overseas Development Institute.