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Making Aid Work (Boston Review Books)

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Making Aid Work (Boston Review Books) Cover

 

Synopses & Reviews

Publisher Comments:

With more than a billion people now living on less than a dollar a day, and with eight million dying each year because they are simply too poor to live, most would agree that the problem of global poverty is our greatest moral challenge. The large and pressing practical question is how best to address that challenge. Although millions of dollars flow to poor countries, the results are often disappointing.In Making Aid Work, Abhijit Banerjee--an "aid optimist"--argues that aid has much to contribute, but the lack of analysis about which programs really work causes considerable waste and inefficiency, which in turn fuels unwarranted pessimism about the role of aid in fostering economic development.Banerjee challenges aid donors to do better. Building on the model used to evaluate new drugs before they come on the market, he argues that donors should assess programs with field experiments using randomized trials. In fact, he writes, given the number of such experiments already undertaken, current levels of development assistance could focus entirely on programs with proven records of success in experimental conditions.Responding to his challenge, leaders in the field--including Nicholas Stern, Raymond Offenheiser, Alice Amsden, Ruth Levine, Angus Deaton, and others--question whether randomized trials are the most appropriate way to evaluate success for all programs. They raise broader questions as well, about the importance of aid for economic development and about the kinds of interventions (micro or macro, political or economic) that will lead to real improvements in the lives of poor people around the world. With one in every six people now living in extreme poverty, getting it right is crucial.

Synopsis:

An encouraging account of the potential of foreign aid to reduce poverty and a challenge to all aid organizations to think harder about how they spend their money.

Synopsis:

With more than a billion people now living on less than a dollar a day, and with eight million dying each year because they are simply too poor to live, most would agree that the problem of global poverty is our greatest moral challenge. The large and pressing practical question is how best to address that challenge. Although millions of dollars flow to poor countries, the results are often disappointing.

About the Author

Abhijit Vinayak Banerjee is the Ford Foundation Professor of Economics in the department of economics at MIT, a director of the Abdul Latif Jameel Poverty Action Lab at MIT, and a past president of the Bureau for Research in Economic Analysis of Development (BREAD).

Product Details

ISBN:
9780262026154
Author:
Banerjee, Abhijit
Publisher:
MIT Press (MA)
Author:
Amsden, Alice H.
Author:
Stern, Nicholas
Author:
Bhagwati, Jagdish N.
Author:
Massachusetts Institute of Technology
Author:
Deaton, Angus
Author:
Banerjee, Abhijit Vinayak
Author:
Bates, Robert H.
Location:
Cambridge
Subject:
Developing countries
Subject:
Development - Economic Development
Subject:
International - Economics
Subject:
Poor
Subject:
Economic Development
Subject:
Poor -- Developing countries.
Subject:
Economic assistance -- Developing countries.
Subject:
Economics - General
Copyright:
Series:
Boston Review Books Making Aid Work
Publication Date:
20070323
Binding:
HARDCOVER
Grade Level:
from 17
Language:
English
Pages:
192
Dimensions:
7 x 4.5 in

Related Subjects

Computers and Internet » Computers Reference » General
History and Social Science » Economics » General
History and Social Science » Economics » Global Economics
History and Social Science » Social Science » Developing Countries

Making Aid Work (Boston Review Books) Used Hardcover
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Product details 192 pages Mit Press - English 9780262026154 Reviews:
"Synopsis" by , An encouraging account of the potential of foreign aid to reduce poverty and a challenge to all aid organizations to think harder about how they spend their money.
"Synopsis" by , With more than a billion people now living on less than a dollar a day, and with eight million dying each year because they are simply too poor to live, most would agree that the problem of global poverty is our greatest moral challenge. The large and pressing practical question is how best to address that challenge. Although millions of dollars flow to poor countries, the results are often disappointing.
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