Poverty affects approximately 1 out of 6 people in the world, and the aid programs intended to address this are enormous enterprises that funnel millions of dollars into poor countries. Yet, the effectiveness of these programs is highly suspect – there is a dearth of hard data on what the best approaches are to providing aid, and which ones are ineffective or even harmful. In this book, the book’s editor lays out an argument about how to implement an improvement process and a variety of experts respond. They explore questions about what types of interventions work best (political, economic) and what types of programs are effective in alleviating global poverty. The one point all of the contributors agree on is that the evaluations of aid programs must improve.
About the author: Abhijit Vinayak Banerjee was educated at the University of Calcutta, Jawaharlal Nehru University and Harvard University, where he received his Ph.D in 1988. In 2011, he was named one of Foreign Policy magazine’s top 100 global thinkers. His areas of research are development economics and economic theory. He is the author of a large number of articles and three books, including Poor Economics which won the Goldman Sachs Business Book of the Year. Most recently, Banerjee served on the U.N. Secretary-General’s High-level Panel of Eminent Persons on the Post-2015 Development Agenda.