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020 _a9781845421908
082 _a338.91091724 CHA
100 _a"Chakravarti, Ashok"
245 0 _a"Aid, institutions and development: new approaches to growth, governance and poverty"
260 _aCheltenham
260 _bEdward Elgar
260 _c2005
300 _a190p
520 _aIn spite of massive flows over the past 50 years, aid has failed to have any significant impact on development. Marginalization from the world economy and increases in absolute poverty are causing countries to degenerate into failed, oppressive and, in some cases, dangerous states. To address this malaise, Ashok Chakravarti argues that there should be more recognition of the role economic and political governance can play in achieving positive and sustainable development outcomes. Using the latest empirical findings on aid and growth, this book reveals how good governance can be achieved by radically restructuring the international aid architecture. This can be realised if the governments of donor nations and international financial institutions refocus their aid programs away from the transfer of resources and so-called poverty reduction measures, and instead play a more forceful role in the developing world to achieve the necessary political and institutional reform. Only in this way can aid become an effective instrument of growth and poverty reduction in the 21st century. Aid, Institutions and Development presents a new, thoroughly critical and holistic perspective on this topical and problematic subject.
650 _aEconomic assistance-Developing countries
942 _cB
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