EU use of per capita income in determining eligibility for aid is misguided-LaRocque
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Ambassador Irwin LaRocque

SECRETARY General of the Caribbean Community (CARICOM) and Caribbean Forum of African Caribbean and  Pacific (ACP) States (CARIFORUM) Mr. Irwin LaRocque  feels that  new European Union (EU) external aid policies of using  per capita income to determine ACP countries  eligibility for  development assistance  is misguided.

altEven as he expressed CARIFORUM”s deep appreciation for the support of the EU and its European Development Fund (EDF) Grant assistance over the years, he said that this was one issue on which the CARIFORUM countries differ with the EU.
He said that the EU external aid policies based on principles of differentiation   (differentiated levels of   development assistance)  and graduation from  ACP/ EU development  cooperation   should be reviewed.
Indicating his view of the potential negative implications of such a policy in relation to the 11th EDF, he stressed: “The use of per capita income to determine a country’s development and its need for grant and concessional funding does not provide the true picture.
“Per capita income is, at best, an arithmetic ratio that does not address levels of poverty, distribution of income, levels of indebtedness, vulnerability and capacity to self-generate sustainable economic and social development.”
He added: This is an area on which we (CARIFORUM) welcome continued policy and political dialogue with our European Partners, particularly within the context of Small Island Developing States (SIDS) and the Post 2015 Development Agenda.”

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