Aid Effectiveness : Can Aid Agencies Be Smarter Than the Invisible Hand?

Private financial flows such as foreign direct investment seem toencourage economic growth and relieve poverty in part because theycreate excellent incentives for transferring know-how and in partbecause they are subject to a stern market...

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Main Authors:	Klein, Michael, Harford, Tim
Format:	Publications & Research
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	AID AID AGENCIES AID EFFECTIVENESS AID FLOWS BENCHMARKS BORROWING CIVIL WAR COMPETITIVENESS CORPORATE GOVERNANCE DEVELOPMENT ASSISTANCE DEVELOPMENT ECONOMICS DIRECT INVESTMENT ECONOMIC GROWTH EQUITY INVESTMENTS FOREIGN AID FOREIGN INVESTORS GDP GOOD GOVERNANCE INCOME MARKET TEST NONGOVERNMENTAL ORGANIZATIONS POLITICAL STRUGGLE PRIVATE BANKS PRIVATE SECTOR DEVELOPMENT PRODUCTIVITY PUBLIC POLICY PURCHASING POWER RATING AGENCIES REGULATORY FRAMEWORK STATISTICAL ANALYSIS TECHNICAL ASSISTANCE UNITED NATIONS DEVELOPMENT PROGRAMME WEALTH
Online Access:	http://documents.worldbank.org/curated/en/2005/06/6040161/aid-effectiveness-can-aid-agencies-smarter-invisible-hand http://hdl.handle.net/10986/11218

id	okr-10986-11218
recordtype	oai_dc
spelling	okr-10986-112182021-04-23T14:02:54Z Aid Effectiveness : Can Aid Agencies Be Smarter Than the Invisible Hand? Klein, Michael Harford, Tim AID AID AGENCIES AID EFFECTIVENESS AID FLOWS BENCHMARKS BORROWING CIVIL WAR COMPETITIVENESS CORPORATE GOVERNANCE DEVELOPMENT ASSISTANCE DEVELOPMENT ECONOMICS DIRECT INVESTMENT ECONOMIC GROWTH EQUITY INVESTMENTS FOREIGN AID FOREIGN INVESTORS GDP GOOD GOVERNANCE INCOME MARKET TEST NONGOVERNMENTAL ORGANIZATIONS POLITICAL STRUGGLE PRIVATE BANKS PRIVATE SECTOR DEVELOPMENT PRODUCTIVITY PUBLIC POLICY PURCHASING POWER RATING AGENCIES REGULATORY FRAMEWORK STATISTICAL ANALYSIS TECHNICAL ASSISTANCE UNITED NATIONS DEVELOPMENT PROGRAMME WEALTH Private financial flows such as foreign direct investment seem toencourage economic growth and relieve poverty in part because theycreate excellent incentives for transferring know-how and in partbecause they are subject to a stern market test that ensures they areallocated and monitored carefully. For aid flows, not automaticallysubject to these disciplines, it is difficult to be as effective. ThisNote argues that aid agencies, by learning what makes private flowsso effective, can bring better aid to the poorest. 2012-08-13T14:28:42Z 2012-08-13T14:28:42Z 2005-06 http://documents.worldbank.org/curated/en/2005/06/6040161/aid-effectiveness-can-aid-agencies-smarter-invisible-hand Viewpoint.--Note no. 292 (June 2005) http://hdl.handle.net/10986/11218 English Viewpoint CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Viewpoint
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	AID AID AGENCIES AID EFFECTIVENESS AID FLOWS BENCHMARKS BORROWING CIVIL WAR COMPETITIVENESS CORPORATE GOVERNANCE DEVELOPMENT ASSISTANCE DEVELOPMENT ECONOMICS DIRECT INVESTMENT ECONOMIC GROWTH EQUITY INVESTMENTS FOREIGN AID FOREIGN INVESTORS GDP GOOD GOVERNANCE INCOME MARKET TEST NONGOVERNMENTAL ORGANIZATIONS POLITICAL STRUGGLE PRIVATE BANKS PRIVATE SECTOR DEVELOPMENT PRODUCTIVITY PUBLIC POLICY PURCHASING POWER RATING AGENCIES REGULATORY FRAMEWORK STATISTICAL ANALYSIS TECHNICAL ASSISTANCE UNITED NATIONS DEVELOPMENT PROGRAMME WEALTH
spellingShingle	AID AID AGENCIES AID EFFECTIVENESS AID FLOWS BENCHMARKS BORROWING CIVIL WAR COMPETITIVENESS CORPORATE GOVERNANCE DEVELOPMENT ASSISTANCE DEVELOPMENT ECONOMICS DIRECT INVESTMENT ECONOMIC GROWTH EQUITY INVESTMENTS FOREIGN AID FOREIGN INVESTORS GDP GOOD GOVERNANCE INCOME MARKET TEST NONGOVERNMENTAL ORGANIZATIONS POLITICAL STRUGGLE PRIVATE BANKS PRIVATE SECTOR DEVELOPMENT PRODUCTIVITY PUBLIC POLICY PURCHASING POWER RATING AGENCIES REGULATORY FRAMEWORK STATISTICAL ANALYSIS TECHNICAL ASSISTANCE UNITED NATIONS DEVELOPMENT PROGRAMME WEALTH Klein, Michael Harford, Tim Aid Effectiveness : Can Aid Agencies Be Smarter Than the Invisible Hand?
relation	Viewpoint
description	Private financial flows such as foreign direct investment seem toencourage economic growth and relieve poverty in part because theycreate excellent incentives for transferring know-how and in partbecause they are subject to a stern market test that ensures they areallocated and monitored carefully. For aid flows, not automaticallysubject to these disciplines, it is difficult to be as effective. ThisNote argues that aid agencies, by learning what makes private flowsso effective, can bring better aid to the poorest.
format	Publications & Research
author	Klein, Michael Harford, Tim
author_facet	Klein, Michael Harford, Tim
author_sort	Klein, Michael
title	Aid Effectiveness : Can Aid Agencies Be Smarter Than the Invisible Hand?
title_short	Aid Effectiveness : Can Aid Agencies Be Smarter Than the Invisible Hand?
title_full	Aid Effectiveness : Can Aid Agencies Be Smarter Than the Invisible Hand?
title_fullStr	Aid Effectiveness : Can Aid Agencies Be Smarter Than the Invisible Hand?
title_full_unstemmed	Aid Effectiveness : Can Aid Agencies Be Smarter Than the Invisible Hand?
title_sort	aid effectiveness : can aid agencies be smarter than the invisible hand?
publisher	World Bank, Washington, DC
publishDate	2012
url	http://documents.worldbank.org/curated/en/2005/06/6040161/aid-effectiveness-can-aid-agencies-smarter-invisible-hand http://hdl.handle.net/10986/11218
_version_	1764415947515363328

Aid Effectiveness : Can Aid Agencies Be Smarter Than the Invisible Hand?

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