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Reinventing Foreign Aid

Author : William R. Easterly
Publisher : MIT Press
Page : 581 pages
File Size : 47,85 MB
Release : 2008-05-09
Category : Business & Economics
ISBN : 0262550660

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Top experts in the field discuss how to improve the effectiveness of foreign aid, proposing practical solutions to specific problems rather than a utopian master plan. The urgency of reducing poverty in the developing world has been the subject of a public campaign by such unlikely policy experts as George Clooney, Alicia Keyes, Elton John, Angelina Jolie, and Bono. And yet accompanying the call for more foreign aid is an almost universal discontent with the effectiveness of the existing aid system. In Reinventing Foreign Aid, development expert William Easterly has gathered top scholars in the field to discuss how to improve foreign aid. These authors, Easterly points out, are not claiming that their ideas will (to invoke a current slogan) Make Poverty History. Rather, they take on specific problems and propose some hard-headed solutions. Easterly himself, in an expansive and impassioned introductory chapter, makes a case for the “searchers”—who explore solutions by trial and error and learn from feedback—over the “planners”—who throw an endless supply of resources at a big goal—as the most likely to reduce poverty. Other writers look at scientific evaluation of aid projects (including randomized trials) and describe projects found to be cost-effective, including vaccine delivery and HIV education; consider how to deal with the government of the recipient state (work through it or bypass a possibly dysfunctional government?); examine the roles of the International Monetary Fund (a de-facto aid provider) and the World Bank; and analyze some new and innovative proposals for distributing aid. Contributors Abhijit Banerjee, Nancy Birdsall, Craig Burnside, Esther Duflo, Domenico Fanizza, William Easterly, Ruimin He, Kurt Hoffman, Stephen Knack, Michael Kremer, Mari Kuraishi, Ruth Levine, Bertin Martens, John McMillan, Edward Miguel, Jonathan Morduch, Todd Moss, Gunilla Pettersson, Lant Pritchett, Steven Radelet, Aminur Rahman, Ritva Reinikka, Jakob Svensson, Nicolas van de Walle, James Vreeland, Dennis Whittle, Michael Woolcock

Reinventing Foreign Aid

Author : Independent Group on the Future of U.S. Development Cooperation in a New Democratic Era
Publisher :
Page : 72 pages
File Size : 13,86 MB
Release : 1992
Category : Economic assistance, American
ISBN :

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Reinventing Foreign Aid for Inclusive and Sustainable Development

Author : Simplice Asongu
Publisher :
Page : 34 pages
File Size : 25,90 MB
Release : 2016
Category :
ISBN :

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This survey essay reviews over 200 papers in arguing that in order to achieve sustainable and inclusive development, foreign aid should not orient developing countries towards industrialisation in the perspective of Kuznets but in the view of Piketty. Abandoning the former's view that inequality will fall with progress in industrialisation and placing more emphasis on inequality in foreign aid policy will lead to more sustainable development outcomes including, inter alia: mitigate short-term poverty; address concerns of burgeoning population growth; train recipient governments on inclusive development; fight corruption and mismanagement and; avoid the shortfalls of celebrated Kuznets' conjectures. We discuss how the essay addresses post-2015 development challenges and provides foreign aid policy instruments with which discussed objectives can be achieved. In summary, the essay provides useful policy measures to avoid past pitfalls. 'Output may be growing, and yet the mass of the people may be becoming poorer' (Lewis, 1955). 'Lewis led all developing countries to water, proverbially speaking, some African countries have so far chosen not to drink' (Amavilah, 2014). Piketty (2014) has led all developing countries to the stream again and a challenging policy syndrome of our time is how foreign aid can help them to drink.

Reforming Foreign Aid - Reinvent the World Bank

Author : Inder Sud
Publisher : Createspace Independent Publishing Platform
Page : 240 pages
File Size : 18,77 MB
Release : 2017-04-27
Category : Economic assistance
ISBN : 9781544843728

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Foreign aid evokes much emotion. Proponents view it as a moral imperative and the instrument of the West for ending global poverty. The opponents see it as a waste of taxpayer funds. Still others see it as a potential tool to ensure security threatened by fragile or failing states. The World Bank, the single most important and influential source of foreign aid, has in the last 50 years made a nearly a trillion dollars in grants and soft loans to nearly every developing country. Has this aid made a difference? Moreover, is it still a relevant institution in the world of today, when many developing countries have successfully moved to the ranks of middle-income or even upper income countries? In Reforming Foreign Aid: Reinvent the World Bank, drawing on his own experiences over 40 years of work in international development, Inder Sud argues that aid has been successful in promoting development only in those few countries that have had the leadership committed to helping their people and who were able to utilize foreign aid to support their own, home-grown, national development agenda. Unfortunately, aid donors are driven increasingly by their own political compulsions, or pressures from their domestic constituencies, and end up pushing initiatives that detract from the country's priorities or are simply wasteful. Sud suggests that the World Bank, as the most significant and influential aid donor, can take a lead in setting a new path for delivering foreign aid effectively. First and foremost, Sud argues, that aid should only be channeled to countries that have the requisite national leadership with a track record of pursuing sound development policies and programs. The World Bank still has a role to play in supporting such countries provided it undertakes major reforms in its governance, modus operandus, instruments, and most importantly moving back to its roots of not being influenced by political imperatives of major donor countries, notably the United States.

Does Foreign Aid Really Work?

Author : Roger C. Riddell
Publisher : OUP Oxford
Page : 531 pages
File Size : 11,26 MB
Release : 2008-08-07
Category : Business & Economics
ISBN : 0191623180

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Foreign aid is now a $100bn business and is expanding more rapidly today than it has for a generation. But does it work? Indeed, is it needed at all? Other attempts to answer these important questions have been dominated by a focus on the impact of official aid provided by governments. But today possibly as much as 30 percent of aid is provided by Non-Governmental Organizations (NGOs), and over 10 percent is provided as emergency assistance. In this first-ever attempt to provide an overall assessment of aid, Roger Riddell presents a rigorous but highly readable account of aid, warts and all. Does Foreign Aid Really Work? sets out the evidence and exposes the instances where aid has failed and explains why. The book also examines the way that politics distorts aid, and disentangles the moral and ethical assumptions that lie behind the belief that aid does good. The book concludes by detailing the practical ways that aid needs to change if it is to be the effective force for good that its providers claim it is.

Foreign Aid and Foreign Policy

Author : Louis A. Picard
Publisher : Routledge
Page : 432 pages
File Size : 28,2 MB
Release : 2015-01-28
Category : Business & Economics
ISBN : 1317470397

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This timely work presents cutting-edge analysis of the problems of U.S. foreign assistance programs - why these problems have not been solved in the past, and how they might be solved in the future. The book focuses primarily on U.S. foreign assistance and foreign policy as they apply to nation building, governance, and democratization. The expert contributors examine issues currently in play, and also trace the history and evolution of many of these problems over the years. They address policy concerns as well as management and organizational factors as they affect programs and policies. "Foreign Aid and Foreign Policy" includes several chapter-length case studies (on Iraq, Pakistan, Ghana, Haiti, and various countries in Eastern Europe and Africa), but the bulk of the book presents broad coverage of general topics such as foreign aid and security, NGOs and foreign aid, capacity building, and building democracy abroad. Each chapter offers recommendations on how to improve the U.S. system of aid in the context of foreign policy.

Foreign Aid

Author : Andrew A. Bealinger
Publisher : Nova Publishers
Page : 130 pages
File Size : 13,14 MB
Release : 2006
Category : Business & Economics
ISBN : 9781600210679

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Foreign aid has long become a misnomer. It might properly be called 'foreign policy with funds'. Foreign aid packages have become tools to help reign in countries who disagree with this or that foreign policy, to allow leaders of those receiving countries to become privately wealthy and thus beholden to the donor country, and to stipulate that up to 40 per cent of the total 'aid' must be in the form of contracts to companies from the donor country who are often politically tied to the political administration of the donor country. This book provides the background information on important aspects of foreign aid.

Ideas, Interests and Foreign Aid

Author : A. Maurits van der Veen
Publisher : Cambridge University Press
Page : 311 pages
File Size : 50,27 MB
Release : 2011-09-01
Category : Political Science
ISBN : 1139503251

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Why do countries give foreign aid? Although many countries have official development assistance programs, this book argues that no two of them see the purpose of these programmes in the same way. Moreover, the way countries frame that purpose has shaped aid policy choices past and present. The author examines how Belgium long gave aid out of a sense of obligation to its former colonies, The Netherlands was more interested in pursuing international influence, Italy has focused on the reputational payoffs of aid flows and Norwegian aid has had strong humanitarian motivations since the beginning. But at no time has a single frame shaped any one country's aid policy exclusively. Instead, analysing half a century of legislative debates on aid in these four countries, this book presents a unique picture both of cross-national and over time patterns in the salience of different aid frames and of varying aid programmes that resulted.

Global Health and Global Health Ethics

Author : Solomon Benatar
Publisher : Cambridge University Press
Page : 351 pages
File Size : 22,67 MB
Release : 2011-02-10
Category : Medical
ISBN : 1139495909

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What can be done about the poor state of global health? How are global health challenges intimately linked to the global political economy and to issues of social justice? What are our responsibilities and how can we improve global health? Global Health and Global Health Ethics addresses these questions from the perspective of a range of disciplines, including medicine, philosophy and the social sciences. Topics covered range from infectious diseases, climate change and the environment to trade, foreign aid, food security and biotechnology. Each chapter identifies the ways in which we exacerbate poor global health and discusses what we should do to remedy the factors identified. Together, they contribute to a deeper understanding of the challenges we face, and propose new national and global policies. Offering a wealth of empirical data and both practical and theoretical guidance, this is a key resource for bioethicists, public health practitioners and philosophers.