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The Institutional Economics of Foreign Aid

$46.99 (C)

  • Date Published: January 2008
  • availability: Available
  • format: Paperback
  • isbn: 9780521055390

$ 46.99 (C)

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About the Authors
  • This book analyzes the institutions--incentives and constraints--that guide the behavior of persons involved in the implementation of aid programs. While traditional performance studies tend to focus almost exclusively on policies and institutions in recipient countries, the authors look at incentives in the entire chain of organizations involved in the delivery of foreign aid, from donor governments and agencies to consultants, experts and other intermediaries. They examine incentives inside donor agencies, the interaction of subcontractors with recipient organizations, incentives inside recipient country institutions, and biases in aid performance monitoring systems.

    • New perspective on an old debate - why aid is often ineffective
    • Interesting combination of theory and practice
    • Innovative contribution to growing literature on new institutional economics, emphasizing performance problems inside the aid supply chain, rather than in the recipient countries
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    Reviews & endorsements

    "The mjor merit of Martens' argument lies in his explicit plea in favor of the role evaluation pays in the information feedback loop by enlightening taxpayers about the `true` benefits of aid programs." Review of Political Economy, Mita Marra, Italian National Research Council

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    Product details

    • Date Published: January 2008
    • format: Paperback
    • isbn: 9780521055390
    • length: 212 pages
    • dimensions: 229 x 152 x 12 mm
    • weight: 0.32kg
    • contains: 15 b/w illus.
    • availability: Available
  • Table of Contents

    List of figures
    Foreword Elinor Ostrom
    1. Introduction Bertin Martens
    2. Conflicts of objectives and task allocation in aid agencies Paul Seabright
    3. The interaction of donors, contractors and recipients in implementing aid for institutional reform Peter Murrell
    4. Embedding externally induced institutional reform Uwe Mummert
    5. The role of evaluation in foreign aid programmes Bertin Martens
    6. Some policy conclusions regarding organizations involved in foreign aid Bertin Martens

  • Authors

    Bertin Martens, European Commission
    Bertin Martens is an economist at the European Commission in Brussels. He has worked for various foreign aid organizations, including United Nations agencies and the European Commission, and he is a member of the International Society for New Institutional Economics.

    Uwe Mummert, Max Planck Institute, Jena
    Professor Uwe Mummert is a researcher at the Max Planck Institute for Research into Economic Systems in Jena, Germany.

    Peter Murrell, University of Maryland, College Park
    Peter Murrell is Professor of Economics at the University of Maryland and currently holds a Chair on the Academic Council of the IRIS Center. He is the author of The Nature of Socialist Economies and Assessing the Value of Law in the Transition to Socialism, and is a contributor to various journals, including the American Economic Review and the Journal of Comparative Economics.

    Paul Seabright, Université de Toulouse
    Paul Seabright is Professor of Economics at the University of Toulouse. His many publications have focused on theoretical and applied microeconomics, and he is currently a Research Fellow at the Centre for Economic Policy Research.


    Elinor Ostrom

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