While there has been more progress with poverty reduction since the 1950s than in any comparable period of human history, poverty remains a severe global problem. This book determines 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 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.
- ISBN10 0195211235
- ISBN13 9780195211238
- Publish Date 1 November 1998
- Publish Status Out of Print
- Out of Print 29 March 2007
- Publish Country US
- Imprint Oxford University Press Inc
- Format Paperback
- Pages 160
- Language English