How could we make international aid more effective? How can donors best help poor countries to lift themselves out of poverty? These are the questions being considered by the Young Global Leaders Group on Reinventing Aid, chaired by Professor Michael Kremer of Harvard University. The Group will report to world leaders at Davos in 2007.

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For any policy priority, a given level of resources will only have its maximum impact when there is information about the effectiveness of alternative uses for those resources. Yet in the case of aid spending there is remarkably little good evidence on the relative effectiveness of alternative ways to spend aid.
Figuring out what is the […]

Developed countries provide billions of dollars of aid to developing nations every year. Although some of these funds have yielded positive results, much appears to have had little tangible impact. This has led to substantial “donor fatigue” and a justifiable questioning of whether developed countries should be […]