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Changing the Conditions for Development Aid - A New Paradigm? (Paperback)
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Changing the Conditions for Development Aid - A New Paradigm? (Paperback)
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In 1998 the World Bank published a report entitled "Assessing Aid:
What Works, What Doesn't and Why". This report presents the results
of an extensive investigation into the effectiveness of development
aid. The main message of the text of the report is that development
aid helps, but only when there is a good policy environment in the
recipient countries, that is when there is sound macroeconomic
management and when robust government institutions exist. It
stresses that it is a myth to think that good policies can be
bought by giving development aid: giving aid conditional on policy
reforms does not lead to improved economic policies. The conclusion
of the World Bank report is that aid flows should be directed only
to countries with sound policies and that it should be focused more
on supporting governments in reforming entire sectors, rather than
on specific development projects. The "Assessing Aid" report has
led to heated debates, both among academics and policy-makers,
about development aid and aid policies. Many have questioned the
methodology used, the results and the policy conclusions of the
report. This book aims to contribute to the ongoing discussion
about the future of development aid. In particular, it re-examines
a number of issues that are crucial to the analysis and to the
conclusions of the World Bank report. In this study the authors aim
to put the discussion on the future of development aid into
perspective and summarise the main findings of the other studies in
this collection. They focus on two issues: the aid effectiveness
debate before and after the Assessing Aid report, and the
discussion on policy conditionality and good governance. Section II
provides a brief survey of past research on aid effectiveness, that
is, before publication of the Assessing Aid report and summarises
the main findings of the World Bank report on aid effectiveness. In
this study the authors aim to put the discussion on the future of
development aid into perspective and summarise the main findings of
the other studies in this collection. They focus on two issues: the
aid effectiveness debate before and after the Assessing Aid report,
and the discussion on policy conditionality and good governance.
Section II provides a brief survey of past research on aid
effectiveness, that is, before publication of the Assessing Aid
report and summarises the main findings of the World Bank report on
aid effectiveness.
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