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Nik Gill

Mindshare Worldwide

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Can first world countries spend their overseas aid budgets more effectively?

On March 20th 2013, Great Britain's government firmly backed a legislation that would ensure that 0.7% (~£11 Billion) of Gross National Income will be spent on Overseas Aid.

With many skeptics feeling that this money is often wasted or better spent in more important areas, how would you like to see this money spent to change the perception that International Aid isn't effective?

Myself and Maddy Nash would love to hear your thoughts!

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  • Mar 25 2013: I think the budget should be dispersed to as many countries as possible. Countries should bid for the monetary funding to show the money is going to a just cause and is money well spent. Though money should go to all causes, but larger sums those who are successful with their bid.
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      Mar 26 2013: Hi Gurminder!

      You raise an interesting statement that relates back to George's earlier point on whether we should we decide how to help other countries ourselves or listen 100% to what they ultimately want and provide this instead? This could ensure the money goes to the right places, lowering skepticism that overseas aid is not effective. It would also be interesting to see how a bidding system would work... very topical!

      Thank you very much for your thoughts

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