Don’t TOSSD the baby out with the bathwater: The need for a new way to measure development cooperation, not just another (bad) acronym (Homi Kharas, Andrew Rogerson, Brookings)

Once upon a time, long ago, the development industry was fixated on measuring aid from richer to poorer countries. They called it ODA, standing for Official Development Assistance. For decades this aid has been codified, reported, and tracked, mostly by theDevelopment Assistance Committee of the Organisation for Economic Co-operation and Development (DAC/OECD), a club of advanced economies. In advance of the Spring Meetings of the IMF and World Bank, the DAC announced that ODA has risen by 6.9% over 2014 levels to 132 billion dollars, a record amount. Importantly, ODA increased even after stripping out funds spent on refugees.

http://www.brookings.edu/blogs/future-development/posts/2016/04/15-total-development-assistance-kharas-rogerson