The Market for Aid : Understanding Aid by Looking Forward and Looking Back
The market for aid is changing. These days donors use a far greater array of instruments than in the past, and operate in a context of far larger private financial flows. Poor countries are growing richer, but there are legitimate doubts about whet...
| Main Authors: | , |
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| Format: | Publications & Research |
| Language: | English |
| Published: |
World Bank, Washington, DC
2012
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2005/06/6040125/market-aid-understanding-aid-looking-forward-looking-back http://hdl.handle.net/10986/11215 |
| Summary: | The market for aid is changing. These
days donors use a far greater array of instruments than in
the past, and operate in a context of far larger private
financial flows. Poor countries are growing richer, but
there are legitimate doubts about whether the aid industry
deserves credit. Measurement of the effectiveness of aid has
not yet produced some of the results that would really help,
such as credible ratings of aid agencies or rigorous
randomized trials of specific programs. This information
might pull the aid debate away from minimizing the costs of
aid competition and toward trying to maximize the benefits:
widespread experimentation and innovation. |
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