Chief Economist, International Group
Nathan Associates Inc.
“Programming for Growth: The Economic Impact of Foreign Aid”
Does foreign aid deliver value for money in promoting economic growth and improving well being for people in developing countries? This question is a source of endless debate. In this presentation, Dr. Bolnick will first discuss the importance of growth for poverty reduction and human welfare in low-income countries--itself a source of controversy--and quickly review the (indecisive) empirical literature on aid and growth. The talk will then focus on the impact and effectiveness of USAID’s economic growth (EG) programs, based on a recent review of the available evidence.