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Aid, Growth and Poverty (Hardcover, 1st ed. 2016)
Loot Price: R1,433
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Aid, Growth and Poverty (Hardcover, 1st ed. 2016)
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The authors discuss the impact of foreign aid and tackle the
question of why assessing the impact of aid is so difficult. The
authors focus on peer-reviewed, cross-country studies published
over the last decade and draw together some global-level
assessments, considering the context and conditions under which aid
might be said to 'work'. Glennie and Sumner argue that the evidence
in four areas shows signs of convergence that may have direct
relevance for policy decisions on aid and for aid effectiveness
discussions. These are as follows: Aid levels (meaning if aid is
too low or too high); Domestic political institutions (including
political stability and extent of decentralisation); Aid
composition (including sectors, modalities, objectives and time
horizons); and Aid volatility and fragmentation. Notably, this
study finds that there is no consensus that the effectiveness of
aid depends on orthodox economic policies.
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