A recent Brookings study revealed that the Millennium Development Goals (MDGs) – the development agenda set by the US and others for the first fifteen years of this century – were more successful than anybody knew.
The study concludes that at least 21 million more people are alive today as a result.
This tells us that the simple MDG approach worked; the U.S. and other, smaller donors helped save a number of lives equivalent to the entire population of Florida.
If USAID continues to focus on the most effective targets, the American public* could be reassured that every dollar is achieving the most possible.
The reduction of childhood malnutrition deserves funds. Evidence for Copenhagen Consensus showed that every dollar spent providing better nutrition for 68 million children would produce over $40 in long-term social benefits.
Malaria, too, deserves attention. A single case can be averted for as little as $11. We don't just stop one persons suffering; we save a community from lost economic productivity. Our economists estimated that reducing the incidence of malaria by 50% would generate a 35-fold return in benefits to society.
Tuberculosis is a disease that has been overlooked and under-funded. Despite being the world's biggest infectious killer, in 2015 it received just 3.4 per cent of development assistance for health. Reducing TB deaths by 90 per cent would result in 1.3 million fewer deaths. In economic terms, this would bring benefits worth $43 for every dollar spent.
There are 19 such targets that deserve prioritization, because each dollar would do a lot to achieve a safer, healthier world – a result that leads to lasting benefits for the US. When it comes to development, everyone's goal should be the same. Rather than slashing funds for development, the United States should maintain its global leadership by focusing on the areas where every dollar achieves the most good.
[Inter Press Service]
* Footnote: The average American believes the US spends a whopping third of its federal budget on foreign aid. Consequently, a majority of people think that too much is spent on foreign aid. In reality, less than 1% does.