Changing the Conditions for Development Aid

A New Paradigm?

Neils Hermes, Robert Lensink

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English

Routledge
07 February 2019

Development studies; Macroeconomics; Development economics

"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."

Edited by: Neils Hermes, Robert Lensink
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 216mm, Width: 148mm,
Weight: 208g
ISBN: 9781138867277
ISBN 10: 1138867276
Pages: 160
Publication Date: 07 February 2019
Audience: College/higher education , Professional and scholarly , A / AS level , Further / Higher Education
Format: Paperback
Publisher's Status: Active

Robert Lensink, Associate Professor of Economics, University of Groningen, The Netherlands.

Reviews for Changing the Conditions for Development Aid: A New Paradigm?

"A contribution to the aid literature.... A rich source for students of development. - Journal of International Development "" Recommended to all involved in the debate on aid allocation and aid effectiveness."" - Development Policy Review"