Reinventing Foreign Aid

Peter Montiel reviews Reinventing Foreign Aid Edited by William Easterly Foreword by Nancy Birdsall:

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