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Innovative Financing for Development

French politician Philippe Douste-Blazy poses three questions regarding international aid: What kinds of projects should receive aid?Is there enough money for aid? And how can we spend the money more efficiently?He points out that while the need for aid is growing around the world, the amount of aid given is actually decreasing. He advocates for the creation of a global solidarity tax that would be collected and managed by a supranational collective in an effort to bring economic globalization into balance with developments. Ultimately, Douste-Blazy believes that we must change the rules of aid in order to make it more effective.

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