20/20 Vision for Social Investment: A Preliminary Analysis of Seven Eastern Caribbean Countries
Date
1997-04
Authors
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Publisher
UNICEF CAO
Abstract
The 20/20 principle of resource allocation states that a minimum of 20 percent of the official development assistance from donor countries should be earmarked for expenditure in basic social services, that is, for human development priority expenditure. This paper provides a preliminary analysis of the 20:20 principle in practice in seven Eastern Caribbean countries. It found that, in many of these countries, national accounting systems were inadequately desegregated and prevented any type of in-depth analysis. It was concluded that governments needed to introduce an accurate and targeted system of social planning based on relevant information and analysis, so as to enable them to prioritize social expenditure and avoid cutting services for the vulnerable sections of the population.
Description
Table of Contents
Keywords
Human resources development