Can Foreign Aid Buy Growth?
研究发现“援助在良好政策环境中促进增长”的结论不稳健,且援助机构激励不足、缺乏评估,建议设定更务实的目标。
The widely publicized finding that “aid promotes growth in a good policy environment” is not robust to the inclusion of new data or alternative definitions of “aid,” “policy” or “growth.” The idea that “aid buys growth” is on shaky ground theoretically and empirically. It doesn’t help that aid agencies face poor incentives to deliver results and underinvest in enforcing aid conditions and performing scientific evaluations. Aid should set more modest goals, like helping some of the people some of the time, rather than trying to be the catalyst for societywide transformation.