Work

Aid Effectiveness : Can Aid Agencies Be Smarter Than the Invisible Hand?

Year: 2005

Type: book

Abstract: Private financial flows such as foreign direct investment seem toencourage economic growth and relieve poverty in part because theycreate excellent incentives for transferring know-how and in partbecause they are subject to a stern market test that ensures they areallocated and monitored carefully. For aid flows, not automaticallysubject to these disciplines, it is difficult to be as effective. ThisNote argues that aid agencies, by learning what makes private flowsso effective, can bring better aid to the poorest.

Source: World Bank, Washington, DC eBooks

DOI: 10.1596/11218

Authors: Michael Klein, Tim Harford

Language: English

Topic: International Development and Aid

Subfield: Development

Field: Social Sciences

Domain: Social Sciences

SDGs: No poverty, Partnerships for the goals, Decent work and economic growth

Open Access status: green

OpenAlex ID: W278427331

FWCI: 0.263

Cites:

Cited by: 3

Related to: 10