Wall Street Journal: Measuring How and Why Aid Works - Or Doesn't

April 30, 2011

Wall Street Journal

William Easterly, professor of economics at New York University, recently reviewed the release of Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty, by CFSP member Abhijit Banerjee and  Esther Duflo.  Easterly highlighted the book's remarkable treatment of exposing what makes aid effective, noting the considerable lack of follow up to evaluate the effect of aid.  Easterly praises the book, noting Banerjee and Duflo's care in examining the lives of their subjects.  "I would give an edge to Mr. Banerjee and Ms. Duflo in this area—the sheer detail and warm sympathy on display reflects a true appreciation of the challenges their subjects face," writes Easterly.