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The Institutional Economics of Foreign Aid

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Overview

This book analyzes the institutions--incentives and constraints--that guide the behavior of persons involved in the implementation of aid programs. While traditional performance studies tend to focus almost exclusively on policies and institutions in recipient countries, the authors look at incentives in the entire chain of organizations involved in the delivery of foreign aid, from donor governments and agencies to consultants, experts and other intermediaries. They examine incentives inside donor agencies, the interaction of subcontractors with recipient organizations, incentives inside recipient country institutions, and biases in aid performance monitoring systems.
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Editorial Reviews

From the Publisher
"The mjor merit of Martens' argument lies in his explicit plea in favor of the role evaluation pays in the information feedback loop by enlightening taxpayers about the 'truè benefits of aid programs." Review of Political Economy, Mita Marra, Italian National Research Council
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Product Details

  • ISBN-13: 9780521055390
  • Publisher: Cambridge University Press
  • Publication date: 3/28/2008
  • Edition description: Reissue
  • Pages: 212
  • Product dimensions: 5.98 (w) x 8.98 (h) x 0.47 (d)

Meet the Author

Bertin Martens is an economist at the European Commission in Brussels. He has worked for various foreign aid organizations, including United Nations agencies and the European Commission, and he is a member of the International Society for New Institutional Economics.

Professor Uwe Mummert is a researcher at the Max Planck Institute for Research into Economic Systems in Jena, Germany.

Peter Murrell is Professor of Economics at the University of Maryland and currently holds a Chair on the Academic Council of the IRIS Center. He is the author of The Nature of Socialist Economies and Assessing the Value of Law in the Transition to Socialism, and is a contributor to various journals, including the American Economic Review and the Journal of Comparative Economics.

Paul Seabright is Professor of Economics at the University of Toulouse. His many publications have focused on theoretical and applied microeconomics, and he is currently a Research Fellow at the Centre for Economic Policy Research.

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Table of Contents

List of figures
Foreword
1 Introduction 1
2 Conflicts of objectives and task allocation in aid agencies 34
3 The interaction of donors, contractors, and recipients in implementing aid for institutional reform 69
4 Embedding externally induced institutional reform 112
5 The role of evaluation in foreign aid programmes 154
6 Some policy conclusions regarding the organisations involved in foreign aid 178
Index 196
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