Foreign aid is one of the few topics in the development discourse
with such an uninterrupted, yet volatile history in terms of
interest and attention from academics, policymakers, and
practitioners alike. Does aid work in promoting growth and reducing
poverty in the developing world? Will a new 'big push' approach
accelerate progress towards the Millennium Development Goals or
will another opportunity be missed? Can the lessons of almost half
a century of aid giving be learnt? These are truly important
questions in view of the emerging new landscape in foreign aid and
recent developments related to the global financial crisis, which
are expected to have far reaching implications for both donors and
recipients engaged in this area. Against this shifting aid
landscape, there is a pressing need to evaluate progress to date
and shed new light on emerging issues and agendas.
This volume brings together leading aid experts to review the
progress achieved so far, identify the challenges ahead, and
discuss the emerging policy agenda in foreign aid. A central
conclusion of this important and timely volume is that, since
development aid remains crucial for many developing countries, a
huge effort is needed from both donors and aid recipients to
overcome the inefficiencies and make aid work better for poor
people. After all, as global citizens, we have a moral obligation
to do the best we can to lift people out of poverty in the
developing world. The findings of this book will be of considerable
interest to professionals and policymakers engaged in policy
reforms in foreign aid, and provide an essential one-stop reference
for students of development, international finance, and economics.
General
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