The Market for Aid

by Klein, Michael; Harford, Tim

• ISBN13: 9780821362280
• ISBN10: 0821362283
• Format: Paperback
• Copyright: 2005-07-15
• Publisher: World Bank

Summary

In an accessible style Michael Klein and Tim Harford analyze some of the hot topics in the aid industry today. They argue that the aid industry is changing, old models of aid are under pressure, and both donors and recipients will ask more and more of aid agencies in the future. The chaos of competition and the search for new ideas are frightening to some and risk harming the people whom the industry is supposed to benefit. Yet at the same time there is a tremendous opportunity for harnessing competition to improve performance and find better ways of helping the poor. Klein and Harford argue for rigorous methods of evaluation and creative use of the private sector to produce a more effective aid industry in which new experiments are encouraged.

Table of Contents

The market for aid	p. 3
Aid agency competition : a century of entry, but no exit	p. 9
The demand for loans : governments restructure their debt	p. 17
The supply of aid : how are donors giving, and to whom?	p. 25
Donor performance : what do we know, and what should we know?	p. 35
Private finance : are private loans and charitable giving replacing aid?	p. 43
Aid and the resource curse : how can aid be designed to preserve institutions?	p. 55
Grants or loans? : development finance and incentive effects	p. 63
Aid effectiveness : can aid agencies be smarter than the invisible hand?	p. 71
Corporate responsibility : when will voluntary reputation building improve standards?	p. 81
Anarchy and invention : how does Somalia's private sector cope without government?	p. 89
Output-based aid in Cambodia : private operators and local communities help deliver water to the poor	p. 97
Scenario 1 : the rise of the undergrowth	p. 107
Scenario 2 : the big push	p. 115
Looking back, looking forward	p. 125
Table of Contents provided by Blackwell. All Rights Reserved.