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What’s New at FreeBalance?

 

January 16, 2014

This weekly news update provides the Government Resource Planning (GRP) community with a brief overview of recent FreeBalance developments and relevant industry news.

Top 2014 Priorities for Africa 

"Africa growth in the context of the polar vortex" could have been the theme of the panel discussion last week at the Brookings Institution in Washington DC. Fortunately, the internet does not shut off because of somewhat cold weather. . There were five themes that emerged from the recently-published Foresight Africa study from Brookings and the discussion that were most interesting. 
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Aid Transparency will Favour the Agile 

A recent analysis by Publish What You Fund found that larger donors tend to have better aid transparency than smaller donors. This analysis was based on the aid commitment and the quality of transparency information published to the International Aid Transparency Initiative (IATI) standard. This generated a discussion (below) about the information technology capacity advantages of large organizations and the increased incentives for transparency for these larger donors. 

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The Accountability – Democracy – Human Rights – Governance Linkage 

One of the advantages of living in Washington is access to events at the Brookings Institution. There is a lot of analysis in issues that touch global public financial management and good governance. There was a very interesting discussion last month about the linkages between democracy, human rights, and governance. We’ve attended enough discussions about this linkage to question how simple these connections are. 

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Innovation in Public Financial Management

 Innovation is alive and well in global Public Financial Management. We heard some very interesting cases of innovation through citizen outreach, mobile technology, and organizational change management during the 2013 ICGFM Winter Conference last month in DC. The presentations have been posted. It was fascinating to hear how government financial planning must take into account the risks of climate change and Public Private Partnerships (PPPs). 

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Doug Hadden

Doug Hadden

Executive Vice President, Innovation at FreeBalance
Doug is responsible for identifying new global markets, new technologies and trends, and new and enhanced internal processes. Doug leads a cross-functional international team that is responsible for developing product prototypes and innovative go-to-market strategies.

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