Where Does the Money Go? Best and Worst Practices in Foreign Aid

@article{Easterly2008WhereDT,
  title={Where Does the Money Go? Best and Worst Practices in Foreign Aid},
  author={William R. Easterly and Tobias Pfutze},
  journal={Development Economics: Macroeconomic Issues in Developing Economies eJournal},
  year={2008}
}
This paper does not address the issue of aid effectiveness -- that is, the extent to which foreign aid dollars actually achieve their goals -- but on "best practices" in the way in which official aid is given, an important component of the wider debate. First we discuss best practice for an ideal aid agency and the difficulties that aid agencies face because they are typically not accountable to their intended beneficiaries. Next we consider the transparency of aid agencies and four additional… 

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