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    Reinventing Foreign Aid (Paperback) Edited by William Easterly, Foreword by Nancy Birdsall

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    DescriptionThe urgency of reducing poverty in the developing world has been the subject of a public campaign by such unlikely policy experts as George Clooney, Alicia Keyes, Elton John, Angelina Jolie, and Bono. And yet accompanying the call for more foreign aid is an almost universal discontent with the effectiveness of the existing aid system. In Reinventing Foreign Aid, development expert William Easterly has gathered top scholars in the field to discuss how to improve foreign aid. These authors, Easterly points out, are not claiming that their ideas will (to invoke a current slogan) Make Poverty History. Rather, they take on specific problems and propose some hard-headed solutions. Easterly himself, in an expansive and impassioned introductory chapter, makes a case for the "searchers"--who explore solutions by trial and error and learn from feedback--over the "planners"--who throw an endless supply of resources at a big goal--as the most likely to reduce poverty. Other writers look at scientific evaluation of aid projects (including randomized trials) and describe projects found to be cost-effective, including vaccine delivery and HIV education; consider how to deal with the government of the recipient state (work through it or bypass a possibly dysfunctional government?); examine the roles of the International Monetary Fund (a de-facto aid provider) and the World Bank; and analyze some new and innovative proposals for distributing aid. William Easterly is the author of The Elusive Quest for Growth: Economists' Adventures and Misadventures in the Tropics (MIT Press, 2001) and The White Man's Burden: Why the West's Efforts to Aid the Rest Have Done So Much Ill and So Little Good. He is Professor of Economics at New York University (Joint with Africa House), Codirector of NYU's Development Research Institute, visiting Fellow at the Brookings Institution, and Nonresident Fellow of the Center for Global Development in Washington, DC. Contributors Abhijit Banerjee, Nancy Birdsall, Craig Burnside, Esther Duflo, Domenico Fanizza, William Easterly, Ruimin He, Kurt Hoffman, Stephen Knack, Michael Kremer, Mari Kuraishi, Ruth Levine, Bertin Martens, John McMillan, Edward Miguel, Jonathan Morduch, Todd Moss, Gunilla Pettersson, Lant Pritchett, Steven Radelet, Aminur Rahman, Ritva Reinikka, Jakob Svensson, Nicolas van de Walle, James Vreeland, Dennis Whittle, Michael Woolcock


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  • Full bibliographic data for Reinventing Foreign Aid

    Title
    Reinventing Foreign Aid
    Authors and contributors
    Edited by William Easterly, Foreword by Nancy Birdsall
    Physical properties
    Format: Paperback
    Number of pages: 584
    Width: 152 mm
    Height: 229 mm
    Thickness: 23 mm
    Weight: 794 g
    Language
    English
    ISBN
    ISBN 13: 9780262550666
    ISBN 10: 0262550660
    Classifications

    B&T Book Type: NF
    BIC E4L: ECO
    Nielsen BookScan Product Class 3: S4.5
    B&T Modifier: Region of Publication: 01
    BIC subject category V2: KC
    B&T Modifier: Academic Level: 01
    B&T Modifier: Subject Development: 10
    BIC subject category V2: JKSR
    B&T General Subject: 180
    Ingram Subject Code: BE
    B&T Modifier: Text Format: 02
    Libri: I-BE
    Warengruppen-Systematik des deutschen Buchhandels: 27830
    BISAC V2.8: BUS069000, BUS069020
    B&T Merchandise Category: UP
    B&T Approval Code: A30141800
    DC22: 338.91
    BISAC V2.8: BUS068000
    B&T Approval Code: A43301500, A49320000
    DC22: 338.91091724
    LC subject heading: , ,
    DC22: 338.9109172/4
    LC classification: HC60 .R353 2008
    LC subject heading:
    Thema V1.0: KC, JKSR
    Illustrations note
    60 illus. illus.
    Publisher
    MIT Press Ltd
    Imprint name
    MIT Press
    Publication date
    31 July 2008
    Publication City/Country
    Cambridge, Mass.
    Author Information
    William Easterly is the author of The Elusive Quest for Growth: Economists' Adventures and Misadventures in the Tropics (MIT Press, 2001) and The White Man's Burden: Why the West's Efforts to Aid the Rest Have Done So Much Ill and So Little Good. He is Professor of Economics at New York University (Joint with Africa House), Codirector of NYU's Development Research Institute, visiting Fellow at the Brookings Institution, and Nonresident Fellow of the Center for Global Development in Washington, DC.
    Review quote
    "This book is topical, academically rigorous, and wide ranging. A high quality collection!"--Christopher Scott, London School of Economics -- Christopher Scott "Enhancing aid effectiveness requires a holistic approach. This outstanding book provides rich food for thought, with expert contributions spanning the range from evaluation to institutional design and new approaches in providing aid. A must-read for all scholars and practitioners interested in making aid work."--Holger Wolf, School of Foreign Service, Georgetown University -- Holger Wolf "It is ironic that, at a time when aid flows to the poorest countries of theworld are reaching unprecedented scale, and when the challenge of generatingresources to fight world poverty is receiving unprecedented publicattention, the question of what actually works in making aid effective hasbecome extremely controversial. Fortunately, a new generation ofdevelopment researchers has turned its attention to this question, bringingto bear a variety of innovative and refreshingly convincing new empiricaltechniques. This volume edited by William Easterly brings togethercontributions from many of the leading lights in this field, providing arich menu of perspectives not only on what has been learned through this newwork, but also on how much remains to be learned. It is an accessiblemust-read not only for students and academics, but more importantly forthose in the policy world who will participate in making the criticaldecisions on how aid will be administered, as well as for the citizens whowill hold them accountable for those decisions."--Peter Montiel, Fred Greene Third Century Professor of Political Economy, Williams College -- Peter J. Montiel "Enhancing aid effectiveness requires a holistic approach. This outstanding book provides rich food for thought, with expert contributions spanning the range from evaluation to institutional design and new approaches in providing aid. A must-read for all scholars and practitioners interested in making aid work." Holger Wolf , School of Foreign Service, Georgetown University "It is ironic that, at a time when aid flows to the poorest countries of the world are reaching unprecedented scale, and when the challenge of generating resources to fight world poverty is receiving unprecedented public attention, the question of what actually works in making aid effective has become extremely controversial. Fortunately, a new generation of development researchers has turned its attention to this question, bringing to bear a variety of innovative and refreshingly convincing new empirical techniques. This volume edited by William Easterly brings together contributions from many of the leading lights in this field, providing a rich menu of perspectives not only on what has been learned through this new work, but also on how much remains to be learned. It is an accessible must-read not only for students and academics, but more importantly for those in the policy world who will participate in making the critical decisions on how aid will be administered, as well as for the citizens who will hold them accountable for those decisions." Peter Montiel , Fred Greene Third Century Professor of Political Economy, Williams College "This book is topical, academically rigorous, and wide ranging. A high quality collection!" Christopher Scott , London School of Economics