Overcoming Stagnation in Aid-Dependent Countries

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Nic van de Walle is the world's leading scholar of the politics of aid and structural adjustment in poor countries. In OVERCOMING STAGNATION IN AID-DEPENDENT COUNTRIES, he convincingly demonstrates that the perverse effects of corruption and negative incentives currently at play in many of the poorest countries undermine the effectiveness of foreign aid. He doesn't stop there, he proposes concrete alternatives to transform the relationship between donors and poor countries.' -William Easterly, Professor of Economics, New York University