The Market for Aid
The Market for Aid by Michael U. Klein, published by World Bank Publications on June 15, 2005, is a New Edition comprising 120 pages in English. This book presents an analysis of contemporary issues within the aid industry, focusing on the evolving dynamics between donors and recipients. Klein and co-author Tim Harford explore how traditional models of aid are being challenged and emphasize the increasing expectations placed on aid agencies.
Readers will find a discussion on the complexities of economic assistance and development, highlighting the tension between competition and the need for effective support for the poor. The authors advocate for innovative approaches, including rigorous evaluation methods and the integration of private sector strategies, to enhance the performance of international agencies. This edition offers insights into the future of economic development and the potential for transformative change within the aid sector.
Official synopsis Publisher
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.
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