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Abhijit Vinayak Banerjee-an "aid optimist"-argues that the lack of analysis about which programs really work ...
Abhijit Vinayak Banerjee-an "aid optimist"-argues that the lack of analysis about which programs really work causes considerable waste. He challenges aid donors to do better, urging them to assess programs with field experiments using randomized trials. Experts respond, raising broad questions about the kinds of interventions (micro or macro, political or economic) that will lead to real improvements in the lives of poor people around the world. Although they may disagree on many issues, their responses underscore a growing consensus that impact evaluations of aid programs must improve.
Making Aid Work offers the hopeful next steps for anyone who cares about fighting global poverty. With more than a billion people now living on less than one dollar a day, and with eight million dying each year because they are simply too poor to live, getting it right is crucial.
About the Author:
Abhijit Vinayak Banerjee is the Ford Foundation Professor of Economics in the department of economics at MIT, a director of the Abdul Latif Jameel Poverty Action Lab at MIT
Posted March 13, 2013
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