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Aid as Handmaiden for the Development of Institutions - A New Comparative Perspective (Hardcover)
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Aid as Handmaiden for the Development of Institutions - A New Comparative Perspective (Hardcover)
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Through comparative studies of aid supported infrastructure
projects in East Asia and Sub-Saharan Africa, the book examines how
aid could assist development processes by facilitating development
of local endogenous institutions, which are both pro-growth and
pro-poor. Applying comparative institutional analyses based on the
concept of endogenous institutions and institutional changes, and
exploring the model of 'development cooperation', the book examines
aid effectiveness in a broader context of institution development
in the two regions. It offers a new perspective on the
institutions-development nexus, alternative to the conventional one
with its emphasis of an inevitable institutional convergence to a
monolithic universal model. It argues that socially and politically
sustainable development involves institutional innovation by
developing endogenous institutions, firmly embedded in a local
social-political system. The book offers policy lessons from the
East Asian experiences with aid-supported infrastructure projects
to governments in sub-Saharan Africa, the international aid
community, including emerging development partners.
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