TY - BOOK AU - Dollar, David AU - Pritchett, Lant ED - Banco Mundial TI - Assessing aid: what works, what doesn't, and why T2 - A World Bank policy research report SN - 0195211235 U1 - 338.91 PY - 1998/// CY - New York, N.Y. PB - Oxford University Press KW - AYUDA ECONOMICA KW - AYUDA FINANCIERA KW - AYUDA AL EXTERIOR KW - PAISES EN DESARROLLO KW - TERCER MUNDO N1 - Incluye bibliografía; Overview: rethinking the money and ideas of aid -- 1. Money matters: in a good policy environment -- 2. Aid can be the midwife of good policies -- 3. Money matters: in a good institutional environment -- 4. Aid can be the midwife of good institutions -- 5. Money, but more ideas, too -- Appendixes N2 - This report assesses foreign aid, pointing out that aid is as much a matter of knowledge as it is about money. It discusses the continuing role of financial transfers from rich to poor countries, despite the integrated capital markets; and the role of effective aid in supporting institutional development policy reforms, crucial to a successful development. The report summarizes the findings of recent World Bank research on aid effectiveness. Two key themes emerge from this report: the importance of timing, and the mix of money and ideas in making aid effective. When countries reform their economic policies, well-timed assistance can increase the benefits of reform and maintain popular support for them. On the mix of activities, it is found that money has a large impact, but only in low-income countries with sound management. Without a reform policy, finance has little impact. To be effective in equitable and sustainable development, a three-way partnership among recipient countries, aid agencies, and donor countries is needed. The recipient countries must move toward sound policies. Development agencies must shift away from total disbursements and the narrow evaluation of implementation, instead create high impact assistance. Donor countries should continue to support aid as well. The report concludes that properly managed foreign aid can make a big contribution toward improvement in people ' s lives ER -