Easterly Urges Independent Evaluation of Foreign Aid | Center For Global DevelopmentWelcome sign in sign up. You can enter multiple addresses separated by commas to send the article to a group; to send to recipients individually, enter just one address at a time. How Aid Can Work from the December 21, issue. He boils it down for us eloquently:. Such life-saving and poverty-reducing measures raise the productivity of the poor so that they can earn and invest their way out of extreme poverty, and these measures do so at an amazingly low cost. Poverty in Africa is the outcome of much deeper factors such as political elites who seek mainly to protect their own position, dysfunctional institutions like corruption and lack of property rights, and a long history of exploitation and meddling from abroad the slave trade, colonial depredations, the creation of artificial states, military interventions.
Easterly Urges Independent Evaluation of Foreign Aid
The solution, he said, is independent evaluation. Senior Fellow Ruth Levine, who chaired the event, is co-chair of the CGD Evaluation Gap working group that recently put forward a draft proposal for a new independent evaluation organization focused on social sector interventions, such as health and education. Levine and Easterly testified Tuesday at U. Senate Foreign Relations Committee hearing on improving the effectiveness of the multilateral development banks. Presenting the main arguments of his book at the packed CGD event, Easterly contrasted two approaches. First, an ineffective planners' approach that he said lacks the knowledge and motivation to achieve overambitious, arbitrary targets. Second, what he regards as a more constructive searchers' approach: individuals always on the lookout for piecemeal improvements to poor peoples' well-being, with a system to get more aid resources to those who find things that work.
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William Russell Easterly born September 7, is an American economist , specializing in economic development.
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