Changing the Conditions for Development Aid: A New Paradigm?

ISBN-13: 9780714652412 / Angielski / Twarda / 2001 / 160 str.

Niels Hermes; Robert Lensink

Opis

In 1998 the World Bank published a report entitled Assessing Aid: What Works, What Doesn't and Why. This report presents the results of an extensive investigation into the effectiveness of development aid. The main message of the text of the report is that development aid helps, but only when there is a good policy environment in the recipient countries, that is when there is sound macroeconomic management and when robust government institutions exist. It stresses that it is a myth to think that good policies can be bought by giving development aid: giving aid conditional on policy reforms does not lead to improved economic policies. The conclusion of the World Bank report is that aid flows should be directed only to countries with sound policies and that it should be focused more on supporting governments in reforming entire sectors, rather than on specific development projects.

Recenzje

A contribution to the aid literature.... A rich source for students of development. - Journal of International Development " Recommended to all involved in the debate on aid allocation and aid effectiveness." - Development Policy Review

O autorze

Robert Lensink, Associate Professor of Economics, University of Groningen, The Netherlands.