Worth Every Penny? Measuring Value for Money in International Development Podcast Por  arte de portada

Worth Every Penny? Measuring Value for Money in International Development

Worth Every Penny? Measuring Value for Money in International Development

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The landscape of international development is currently navigating a period of significant challenge and uncertainty. Recent data from the OECD indicates a notable fall in Official Development Assistance (ODA) in 2024, the first decrease in several years. These recent cuts stem from a confluence of factors, including economic pressures in donor countries, shifts in geopolitical priorities, and increasing domestic fiscal demands. The uncertainty surrounding the consistency and level of future aid flows necessitates a greater focus on the effective and efficient use of every development dollar, emphasising value for money.

How do we ensure international development programmes truly deliver impact? It's a question that goes beyond just cutting costs. Achieving genuine Value for Money (VfM) isn't just about minimising expenses; it's about maximising effectiveness. In this episode, we explore practical tools and strategies to measure and improve VfM, ensuring every development dollar delivers its fullest potential for real-world impact.

Special thanks to our guest, Deep Biswas (Economist and VfM Consultant) for his valuable insights.

Our website: @flywheeleconomics.com

Socials: @flywheeleconomics


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