Development aid – what do research say about its effects and potential?
In a recent article, published in Ekonomisk Debatt, SITE's Deputy director Anders Olofsgård discuss what we can learn about the effectiveness of development aid from literatures at the macro, micro and meso- levels.
Anders explains that at the macro and meso-level, the focus lies on the impact of aid on broad measures of welfare associated with economic activity and growth, whereas the discussion of the micro-level literature focuses on how experimental approaches can contribute to our understanding of how to best spend the aid budget.
Anders further highlights that effectiveness can be improved by evidence-based aid policy based on the insights from the experimental literature at the micro-level, giving some guidance on what works and what doesn’t when it comes to investments across different welfare sectors.
Read the full article (in Swedish)
Related articles and publications by Anders Olofsgård
- What do recent insights from development economics tell us about foreign aid policy? (2011)
- Aid effectiveness in times of political change: Lessons from the post-communist transition (2014)
- Foreign aid: An instrument for fighting communism? (2007)