The Institutional Economics of Foreign Aid

Bertin Martens · Uwe Mummert · Peter Murrell · Paul Seabright

Apr 2002 · Cambridge University Press

Ebook

201

Pages

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About this ebook

This book is about the institutions, incentives and constraints that guide the behaviour of people and organizations involved in the implementation of foreign aid programmes. While traditional performance studies tend to focus almost exclusively on the policies and institutions in recipient countries, this book looks 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. Four aspects of foreign aid delivery are examined in detail: incentives inside donor agencies, the interaction of subcontractors with recipient organizations, incentives inside recipient country institutions, and biases in aid performance monitoring systems.

About the author

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.

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

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 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.

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