To ensure that its aid has an impact on development, Australia sets clear goals, and monitors and reports the results of its development co-operation. The review commends Australia’s exemplary steps to increase the transparency of aid.
An aid recipient less than two decades ago, Korea is now a donor and sharing its experience of how to use development co-operation as a catalyst to promote long-term sustainable growth in other countries.
Dr Guido Ashoff was inspired to write a DIE Briefing Paper on 50 Years of DAC Peer Reviews after being an examiner on the recent DAC Peer Review of Korea and his involvement in previous Peer Reviews. Dr Ashoff writes “The Peer Reviews are meant to be critical and constructive and in an evaluation of the DAC, more than three-quarters of its members assessed the quality of the Peer Review reports as high or very high."
Peer reviews provide in-depth examinations of development systems and policies, including lessons learned, in all DAC member countries.
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Robust, independent evaluation of development programmes provides information about what works, what does not and why. This learning contributes to improving the development effectiveness of aid and helps hold donors and partner country governments accountable for results. As a platform for evaluation learning and co-ordination, the Evaluation Network develops shared norms and standards and facilitates our members' efforts towards joint work by encouraging them to share and co-ordinate their plans for future evaluations.
Each DAC member country is peer reviewed roughly every four years with two main aims: to help the country understand where it could improve its development strategy and structures so that it can increase the effectiveness of its investment; and to identify and share good practice in development policy and strategy. Led by examiners from two DAC member states, the process typically takes around six months to complete and culminates with the publication of the findings.