Giving Aid Effectively

Giving Aid Effectively
Author: Mark T. Buntaine
Publisher: Oxford University Press
Total Pages: 305
Release: 2016
Genre: Business & Economics
ISBN: 0190467452

In Giving Aid Effectively, Mark T. Buntaine argues that countries that are members of international organizations have prompted multilateral development banks to give development and environmental aid more effectively by generating better information about performance. To reach this conclusion, he employs a systematic analysis of responses to evaluations and in-depth case studies about the use of information at multilateral development banks.

Giving Aid Effectively

Giving Aid Effectively
Author: Mark T. Buntaine
Publisher: Oxford University Press
Total Pages: 305
Release: 2016-03-01
Genre: Political Science
ISBN: 0190467460

International organizations do not always live up to the expectations and mandates of their member countries. One of the best examples of this gap is the environmental performance of multilateral development banks, which are tasked with allocating and managing approximately half of all development assistance worldwide. In the 1980s and 1990s, the multilateral development banks came under severe criticism for financing projects that caused extensive deforestation, polluted large urban areas, displaced millions of people, and destroyed valuable natural resources. In response to significant and public failures, member countries established or strengthened administrative procedures, citizen complaint mechanisms, project evaluation, and strategic planning processes. All of these reforms intended to close the gap between the mandates and performance of the multilateral development banks by shaping the way projects are approved. Giving Aid Effectively provides a systematic examination of whether these efforts have succeeded in aligning allocation decisions with performance. Mark T. Buntaine argues that the most important way to give aid effectively is selectivity - moving towards projects with a record of success and away from projects with a record of failure for individual recipient countries. This book shows that under certain circumstances, the control mechanisms established to close the gap between mandate and performance have achieved selectivity. Member countries prompt the multilateral development banks to give aid more effectively when they generate information about the outcomes of past operations and use that information to make less successful projects harder to approve or more successful projects easier to approve. This argument is substantiated with the most extensive analysis of evaluations across four multilateral development banks ever completed, together with in-depth case studies and dozens of interviews. More generally, Giving Aid Effectively demonstrates that member countries have a number of mechanisms that allow them to manage international organizations for results.

Brother, Can You Spare a Billion?

Brother, Can You Spare a Billion?
Author: Daniel McDowell
Publisher: Oxford University Press
Total Pages: 249
Release: 2017
Genre: Business & Economics
ISBN: 0190605766

Brother, Can You Spare a Billion? explores how and why the U.S. has regularly acted, often alongside the IMF, as an international lender of last resort by selectively bailing out foreign economies in crisis. Daniel McDowell highlights the unique role that the U.S. has played in stabilizing the world economy from the 1960s through 2008.

Making Aid Work

Making Aid Work
Author: Abhijit Vinayak Banerjee
Publisher: MIT Press
Total Pages: 74
Release: 2007-03-23
Genre: Business & Economics
ISBN: 0262260395

An encouraging account of the potential of foreign aid to reduce poverty and a challenge to all aid organizations to think harder about how they spend their money. With more than a billion people now living on less than a dollar a day, and with eight million dying each year because they are simply too poor to live, most would agree that the problem of global poverty is our greatest moral challenge. The large and pressing practical question is how best to address that challenge. Although millions of dollars flow to poor countries, the results are often disappointing. In Making Aid Work, Abhijit Banerjee—an "aid optimist"—argues that aid has much to contribute, but the lack of analysis about which programs really work causes considerable waste and inefficiency, which in turn fuels unwarranted pessimism about the role of aid in fostering economic development. Banerjee challenges aid donors to do better. Building on the model used to evaluate new drugs before they come on the market, he argues that donors should assess programs with field experiments using randomized trials. In fact, he writes, given the number of such experiments already undertaken, current levels of development assistance could focus entirely on programs with proven records of success in experimental conditions. Responding to his challenge, leaders in the field—including Nicholas Stern, Raymond Offenheiser, Alice Amsden, Ruth Levine, Angus Deaton, and others—question whether randomized trials are the most appropriate way to evaluate success for all programs. They raise broader questions as well, about the importance of aid for economic development and about the kinds of interventions (micro or macro, political or economic) that will lead to real improvements in the lives of poor people around the world. With one in every six people now living in extreme poverty, getting it right is crucial.

States, Markets and Foreign Aid

States, Markets and Foreign Aid
Author: Simone Dietrich
Publisher: Cambridge University Press
Total Pages: 295
Release: 2021-11-11
Genre: Business & Economics
ISBN: 1316519201

Explores the different choices made by donor governments when delivering foreign aid projects around the world.

Does Foreign Aid Really Work?

Does Foreign Aid Really Work?
Author: Roger C. Riddell
Publisher: Oxford University Press
Total Pages: 531
Release: 2008-08-07
Genre: Business & Economics
ISBN: 0199544468

Provided for over 60 years, and expanding more rapidly today than it has for a generation, foreign aid is now a $100bn business. But does it work? Indeed, is it needed at all? In this first-ever, overall assessment of aid, Roger Riddell provides a rigorous but highly readable account of aid, warts and all.

Dead Aid

Dead Aid
Author: Dambisa Moyo
Publisher: Macmillan
Total Pages: 209
Release: 2009-03-17
Genre: Business & Economics
ISBN: 0374139563

Debunking the current model of international aid promoted by both Hollywood celebrities and policy makers, Moyo offers a bold new road map for financing development of the world's poorest countries.

Give and Take

Give and Take
Author: Nitsan Chorev
Publisher: Princeton University Press
Total Pages: 320
Release: 2019-12-10
Genre: Social Science
ISBN: 069119887X

Give and Take looks at local drug manufacturing in Kenya, Tanzania, and Uganda, from the early 1980s to the present, to understand the impact of foreign aid on industrial development. While foreign aid has been attacked by critics as wasteful, counterproductive, or exploitative, Nitsan Chorev makes a clear case for the effectiveness of what she terms “developmental foreign aid.” Against the backdrop of Africa’s pursuit of economic self-sufficiency, the battle against AIDS and malaria, and bitter negotiations over affordable drugs, Chorev offers an important corrective to popular views on foreign aid and development. She shows that when foreign aid has provided markets, monitoring, and mentoring, it has supported the emergence and upgrading of local production. In instances where donors were willing to procure local drugs, they created new markets that gave local entrepreneurs an incentive to produce new types of drugs. In turn, when donors enforced exacting standards as a condition to access those markets, they gave these producers an incentive to improve quality standards. And where technical know-how was not readily available and donors provided mentoring, local producers received the guidance necessary for improving production processes. Without losing sight of domestic political-economic conditions, historical legacies, and foreign aid’s own internal contradictions, Give and Take presents groundbreaking insights into the conditions under which foreign aid can be effective.

Aid Effectiveness

Aid Effectiveness
Author: Mr.Tsidi M. Tsikata
Publisher: International Monetary Fund
Total Pages: 32
Release: 1998-03-01
Genre: Business & Economics
ISBN: 145197485X

The preponderance of evidence from the empirical literature on aid effectiveness suggests that development aid has not had a significant impact on growth in recipient countries. However, there is some evidence that aid has had positive effects when the policy environment has been conducive to growth. Regarding the relationship between aid and the main channels through which its impact on growth could flow—investment and domestic saving—the evidence is mixed, with some indication that aid has had a positive impact where adjustment efforts have been sustained.

The Last 10 Per Cent

The Last 10 Per Cent
Author: Erica Harper
Publisher: Taylor & Francis
Total Pages: 240
Release: 2023-03-28
Genre: Political Science
ISBN: 1000851273

Criticism that the development sector has not delivered in terms of eliminating extreme poverty, fast-tracking growth and preventing conflict, is neither new nor surprising. In fact, it may be the one thing that scholars, donors and practitioners agree on. While many of these concerns are valid, this book makes a case that the sector is closer to unlocking the gates to more effective and efficient development outcomes than is popularly believed. Specifically, it argues that by overturning a few myths, making better use of evidence and employing some different rules, practitioners, policy specialists and donors can foster the changes in the development architecture that are needed to reach the 10 percent of the world’s population still living in extreme poverty. Engaging, provocative and clear sighted, the book provides insight into interventions around democratic governance, refugee response, counterterrorism, gender mainstreaming, environmental protection and private sector engagement. It is instructive reading for professionals across the development sector, think tanks and NGOs.