With almost 15 years passing since their introduction, quantitative evaluations of Poverty Reduction Strategy Papers (PRSPs) have been surprisingly sparse. This paper examines whether a PRSP impacts on poverty reduction and well-being and whether PRSP alignment to development paradigms impacts...

The Millennium Development Goals (MDGs) have lofty expectations regarding the impact of official development aid. Are these expectations valid? This paper surveys the literature on aid and growth. It finds that practically all aid studies since the late 1990s conclude that aid increases economic...

Understanding the development effects of official aid is crucial to building a better bridge between research and policy. This paper reviews the current evidence regarding the impact of aid on growth and poverty reduction, and develops a new narrative. In the light of this narrative, the paper...