Cash on Delivery: A New Approach to Foreign Aid

Foreign aid has no shortage of critics. Some argue that it undermines development and inherently does more harm than good; others insist that aid must be seriously reformed to work properly. Cash on Delivery (COD) Aid proposes serious reform to make aid work well by forcing accountability, aligning the objectives of funders and recipients, and sharing information about what works.

Public and private aid can improve lives in poor countries, but the willingness of taxpayers and private funders...