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The Aid Effectiveness Puzzle

  • Krister Andersson
  • Clark Gibson
  • Elinor Ostrom

Abstract

Researchers and public officials trying to improve economic performance in the postwar period believed that the core problem of development was the lack of sufficient monetary resources needed to build necessary physical infrastructure and to enhance investment in local economies (see Rostow 1960; Prebisch 1970; Huntington and Weiner 1987). If the problem was one of “missing money,” the proposed solution was to “send money.”

Keywords

Public Good Moral Hazard Problem Local Public Good Perverse Incentive Adverse Selection Problem 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Sujai Shivakumar 2005

Authors and Affiliations

  • Krister Andersson
  • Clark Gibson
  • Elinor Ostrom

There are no affiliations available

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