Suchergebnisse

"What went wrong with foreign aid? Despite many positive changes, poverty is not history, and the very idea of foreign aid is now under sustained attack by administrations around the world. The Future of Aid calls for a wholesale restructuring of the aid project, a totally new approach fit for the challenges of the 21st century: Global Public Investment. In times of crisis, when global health funds or regional support are needed, when hunger, disease or climate change threaten lives and livelihoods, it is clear that the current system of international public finance is not fit for purpose. This book suggests a series of paradigm shifts. From a narrow focus on poverty to a broader understanding that incorporates ideas of inequality and sustainability as well. From obsessing about the quantity of international public money, to looking at how well it is spent. From North-South transfers to a collective effort, with all paying in and all benefitting. From outdated post-colonial institutions to modern decision-making structures. From the othering and patronizing language of "foreign aid", to the empowering concept of Global Public Investment. Engagingly written by a well-known expert in the field, this book sets out a powerful roadmap for an evolution in the way that we think about aid, global cooperation, and the need to back up our ambitious global objectives with public money. As the world reels from the Covid-19 crisis, this book argues that it is time for a new era of internationalism to respond to our common challenges."

Acknowledgements -- Contents -- Acronyms -- List of Figures -- List of Tables -- Chapter 1: Introduction -- Questions for the Present Aid Effectiveness Narrative -- Evidence -- Universal Applicability -- A New Narrative on Aid Effectiveness -- References -- Chapter 2: A History of Aid Effectiveness -- Ownership and Alignment -- References -- Chapter 3: Assessing Aid: Conceptual and Methodological Issues -- Definitional Problems -- Methodological Problems -- Causality -- Bias -- Our Approach in this Review -- References

Most analysts on the continent do not share donor nations' optimism that a big push in aid will make a big difference in the lives of poor Africans.

The authors discuss the impact of foreign aid and tackle the question of why assessing the impact of aid is so difficult. The authors focus on peer-reviewed, cross-country studies published over the last decade and draw together some global-level assessments, considering the context and conditions under which aid might be said to 'work'. Glennie and Sumner argue that the evidence in four areas shows signs of convergence that may have direct relevance for policy decisions on aid and for aid effectiveness discussions. These are as follows: Aid levels (meaning if aid is too low or too high); Domestic political institutions (including political stability and extent of decentralisation); Aid composition (including sectors, modalities, objectives and time horizons); and Aid volatility and fragmentation. Notably, this study finds that there is no consensus that the effectiveness of aid depends on orthodox economic policies.