Assessing Aid: What Works, What Doesnt, And Why; Author: World Bank; Hardback; Book

Author: World Bank
World Bank Publication; Hardback; Book
160 pages
Published: February 1999
Oxford University Press
ISBN: 0195211235

Assessing Aid determines that the effectiveness of aid is not decided by the amount received but rather the institutional and policy environment into which it is accepted. It examines how development assistance can be more effective at reducing global poverty and gives five main recommendations for making aid more effective: targeting financial aid to poor countries with good policies and strong economic management; providing policy-based aid to demonstrated reformers; using simpler instruments to transfer resources to countries with sound management; focusing projects on creating and transmitting knowledge and capacity; and rethinking the internal incentives of aid agencies.This text argues that the effectiveness of aid is not the amount received but rather the institutional and policy environment into which it is accepted. It examines how development assistance can be more effective at reducing global poverty and offers recommendations for making aid more effective.