Reinventing Foreign Aid

This book is topical, academically rigorous, and wide ranging. A high quality collection! --Christopher Scott, London School of Economics -- Christopher Scott Enhancing aid effectiveness requires a holistic approach. This outstanding book provides rich food for thought, with expert contributions spanning the range from evaluation to institutional design and new approaches in providing aid. A must-read for all scholars and practitioners interested in making aid work. --Holger Wolf, School of Foreign Service, Georgetown University -- Holger Wolf It is ironic that, at a time when aid flows to the poorest countries of theworld are reaching unprecedented scale, and when the challenge of generatingresources to fight world poverty is receiving unprecedented publicattention, the question of what actually works in making aid effective hasbecome extremely controversial. Fortunately, a new generation ofdevelopment researchers has turned its attention to this question, bringingto bear a variety of innovative and refreshingly convincing new empiricaltechniques. This volume edited by William Easterly brings togethercontributions from many of the leading lights in this field, providing arich menu of perspectives not only on what has been learned through this newwork, but also on how much remains to be learned. It is an accessiblemust-read not only for students and academics, but more importantly forthose in the policy world who will participate in making the criticaldecisions on how aid will be administered, as well as for the citizens whowill hold them accountable for those decisions. --Peter Montiel, Fred Greene Third Century Professor of Political Economy, Williams College -- Peter J. Montiel Enhancing aid effectiveness requires a holistic approach. This outstanding book provides rich food for thought, with expert contributions spanning the range from evaluation to institutional design and new approaches in providing aid. A must-read for all scholars and practitioners interested in making aid work. Holger Wolf , School of Foreign Service, Georgetown University It is ironic that, at a time when aid flows to the poorest countries of the world are reaching unprecedented scale, and when the challenge of generating resources to fight world poverty is receiving unprecedented public attention, the question of what actually works in making aid effective has become extremely controversial. Fortunately, a new generation of development researchers has turned its attention to this question, bringing to bear a variety of innovative and refreshingly convincing new empirical techniques. This volume edited by William Easterly brings together contributions from many of the leading lights in this field, providing a rich menu of perspectives not only on what has been learned through this new work, but also on how much remains to be learned. It is an accessible must-read not only for students and academics, but more importantly for those in the policy world who will participate in making the critical decisions on how aid will be administered, as well as for the citizens who will hold them accountable for those decisions. Peter Montiel , Fred Greene Third Century Professor of Political Economy, Williams College This book is topical, academically rigorous, and wide ranging. A high quality collection! Christopher Scott , London School of Economics