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There are significant weaknesses in some of the traditional justifications for assuming that aid will foster development. This paper looks at what the cross-country aid effectiveness literature and World Bank Operations Evaluation Department reviews have suggested about effective aid, first in terms of promoting income growth, and then for promoting other goals. This review forms the basis for a discussion of recommendations to improve aid effectiveness and a discussion of effective aid allocation. Given the multiple potential objectives for aid, there is no one right answer. However, it appears that there are a number of reforms to aid practices and distribution that might help to deliver a more significant return to aid resources. We should provide aid where institutions are already strong, where they can be strengthened with the help of donor resources, or where they can be bypassed with limited damage to existing institutional capacity. The importance of institutions to aid outcomes, as well as the fungibility of aid flows, suggests that programmatic aid should be expanded in countries with strong institutions, while project aid should be supported based on its ability to transfer knowledge and test new practices and support global public good provision rather than (merely) as a tool of financial resource transfer. The importance of institutions also suggests that we should be cautious in our expectations regarding the results of increased aid flows.
Aid --- Aid Allocation --- Aid Dependency --- Aid Flows --- Banks and Banking Reform --- Bilateral Aid --- Debt Markets --- Development --- Development Economics and Aid Effectiveness --- Development Goals --- Development Impact --- Development Issues --- Development Policy --- Disability --- Economic Growth --- Economic Theory and Research --- Education --- Finance and Financial Sector Development --- Financial Literacy --- GAP --- GAPs --- Gender --- Gender and Health --- Health, Nutrition and Population --- Institution Building --- Macroeconomics and Economic Growth --- Objectives --- Overseas Development Assistance --- Population Policies --- Poverty Reduction --- Pro-Poor Growth --- Projects --- School Health --- Social Protections and Labor --- Technical Assistance --- Technical Assistance Loans --- Technical Assistance Projects
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This paper examines what we can say about the extent and impact of corruption in infrastructure in developing countries using existing evidence. It looks at different approaches to estimating the extent of corruption and reports on the results of such studies. It suggests that there is considerable evidence that most existing perceptions measures appear to be very weak proxies for the actual extent of corruption in the infrastructure sector, largely (but inaccurately) measuring petty rather than grand corruption. Existing survey evidence is more reliable, but limited in extent and still subject to sufficient uncertainty that it should not be used as a tool for differentiating countries in terms of access to infrastructure finance or appropriate policy models. The paper discusses evidence for the relative costs of corruption impacts and suggests that a focus on bribe payments as the indicator of the costs of corruption in infrastructure may be misplaced. It draws some conclusions regarding priorities for infrastructure anti-corruption research and activities in projects, in particular regarding disaggregated and actionable indicators of weak governance and corruption.
Anti-Corruption --- Anticorruption --- Bank --- Bribe --- Bribery --- Bribes --- Confidence --- Corrupt --- Corruption --- Corruption and Anticorruption Law --- Corruption Perceptions --- Corruption Perceptions Index --- Corruption Research --- CPI --- Crime and Society --- Governance --- Governance Indicators --- Government --- Government Diagnostic Capacity Building --- Grand Corruption --- Law and Development --- Legal Products --- National Governance --- Petty Corruption --- Policy --- Poverty Monitoring and Analysis --- Poverty Reduction --- Public Sector Corruption and Anticorruption Measures --- Scandals --- Social Accountability --- Social Development --- Transparency --- Transport --- Transport Economics, Policy and Planning
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There are significant weaknesses in some of the traditional justifications for assuming that aid will foster development. This paper looks at what the cross-country aid effectiveness literature and World Bank Operations Evaluation Department reviews have suggested about effective aid, first in terms of promoting income growth, and then for promoting other goals. This review forms the basis for a discussion of recommendations to improve aid effectiveness and a discussion of effective aid allocation. Given the multiple potential objectives for aid, there is no one right answer. However, it appears that there are a number of reforms to aid practices and distribution that might help to deliver a more significant return to aid resources. We should provide aid where institutions are already strong, where they can be strengthened with the help of donor resources, or where they can be bypassed with limited damage to existing institutional capacity. The importance of institutions to aid outcomes, as well as the fungibility of aid flows, suggests that programmatic aid should be expanded in countries with strong institutions, while project aid should be supported based on its ability to transfer knowledge and test new practices and support global public good provision rather than (merely) as a tool of financial resource transfer. The importance of institutions also suggests that we should be cautious in our expectations regarding the results of increased aid flows.
Aid --- Aid Allocation --- Aid Dependency --- Aid Flows --- Banks and Banking Reform --- Bilateral Aid --- Debt Markets --- Development --- Development Economics and Aid Effectiveness --- Development Goals --- Development Impact --- Development Issues --- Development Policy --- Disability --- Economic Growth --- Economic Theory and Research --- Education --- Finance and Financial Sector Development --- Financial Literacy --- GAP --- GAPs --- Gender --- Gender and Health --- Health, Nutrition and Population --- Institution Building --- Macroeconomics and Economic Growth --- Objectives --- Overseas Development Assistance --- Population Policies --- Poverty Reduction --- Pro-Poor Growth --- Projects --- School Health --- Social Protections and Labor --- Technical Assistance --- Technical Assistance Loans --- Technical Assistance Projects
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This paper examines what we can say about the extent and impact of corruption in infrastructure in developing countries using existing evidence. It looks at different approaches to estimating the extent of corruption and reports on the results of such studies. It suggests that there is considerable evidence that most existing perceptions measures appear to be very weak proxies for the actual extent of corruption in the infrastructure sector, largely (but inaccurately) measuring petty rather than grand corruption. Existing survey evidence is more reliable, but limited in extent and still subject to sufficient uncertainty that it should not be used as a tool for differentiating countries in terms of access to infrastructure finance or appropriate policy models. The paper discusses evidence for the relative costs of corruption impacts and suggests that a focus on bribe payments as the indicator of the costs of corruption in infrastructure may be misplaced. It draws some conclusions regarding priorities for infrastructure anti-corruption research and activities in projects, in particular regarding disaggregated and actionable indicators of weak governance and corruption.
Anti-Corruption --- Anticorruption --- Bank --- Bribe --- Bribery --- Bribes --- Confidence --- Corrupt --- Corruption --- Corruption and Anticorruption Law --- Corruption Perceptions --- Corruption Perceptions Index --- Corruption Research --- CPI --- Crime and Society --- Governance --- Governance Indicators --- Government --- Government Diagnostic Capacity Building --- Grand Corruption --- Law and Development --- Legal Products --- National Governance --- Petty Corruption --- Policy --- Poverty Monitoring and Analysis --- Poverty Reduction --- Public Sector Corruption and Anticorruption Measures --- Scandals --- Social Accountability --- Social Development --- Transparency --- Transport --- Transport Economics, Policy and Planning
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A volume on the nature, ingredients, causes and consequences of human happiness by the father and son team of Anthony and Charles Kenny....
Happiness. --- Happiness --- Gladness --- Emotions --- Cheerfulness --- Contentment --- Pleasure --- Well-being --- Economic aspects. --- Ethics. --- Moral education
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