Does Aid Work? - Hardcover

Robert H. Cassen

 
9780198772507: Does Aid Work?

Synopsis

There will always be critics of foreign aid, both on practical and theoretical grounds, who regard aid programs as ineffective or even counter-productive. This work, resulting from a study commissioned by the World Bank and the International Monetary Fund, asserts that most aid succeeds in terms of its own objectives and obtains a reasonable rate of return. At the same time, the study acknowledges that foreign aid has its pitfalls and compares these failings with other forms of private and public investments, proposing measures for improving aid effectiveness.

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From the Back Cover

In Does Aid Work, the volume arose from a study conducted for an intergovernmental task force. The team surveyed the published literature, reviewed existing evaluations of aid projects, and undertook seven detailed country studies. At the same time, this book analyses the frequent failings of aid projects, compares these failings with other forms of private and public investment, and proposes measures for improving aid effectiveness. For this second edition the book has been shortened, removing mainly the more technical parts.

About the Author

Robert Cassen is a Professor of the Economics of Development, University of Oxford.

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