EconPapers    
Economics at your fingertips  
 

Reinventing Foreign Aid, vol 1

Edited by William Easterly ()

in MIT Press Books from The MIT Press

Abstract: 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.

Keywords: foreign aid; poverty reduction; "searchers"; "planners" (search for similar items in EconPapers)
JEL-codes: O21 F53 O15 (search for similar items in EconPapers)
Date: 2008
Edition: 1
ISBN: 0-262-55066-0
References: Add references at CitEc
Citations: View citations in EconPapers (37) Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mtp:titles:0262550660

Access Statistics for this book

More books in MIT Press Books from The MIT Press
Bibliographic data for series maintained by Kristin Waites ().

 
Page updated 2019-10-13
Handle: RePEc:mtp:titles:0262550660