A professor of economics pens an informed and excoriating attack on the tragic waste, futility, and hubris of the West's efforts to improve the lot of the so-called developing world, and provides constructive suggestions on how to move forward.

Reviews

According to this former World Bank research economist, the $2.3 trillion in aid that the West has poured into the Third World over 50 years hasn't helped because the approach is all wrong. The recipients have a better idea of what is needed than the planners. Copyright 2005 Reed Business Information.

No one who attacks the humanitarian aid establishment is going to win any popularity contests, but, neither, it seems, is that establishment winning any contests with the people it is supposed to be helping. Easterly, an NYU economics professor and a former research economist at the World Bank, brazenly contends that the West has failed, and continues to fail, to enact its ill-formed, utopian aid plans because, like the colonialists of old, it assumes it knows what is best for everyone. Existing aid strategies, Easterly argues, provide neither accountability nor feedback. Without accountability for failures, he says, broken economic systems are never fixed. And without feedback from the poor who need the aid, no one in charge really understands exactly what trouble spots need fixing. True victories against poverty, he demonstrates, are most often achieved through indigenous, ground-level planning. Except in its early chapters, where Easterly builds his strategic platform atop a tower of statistical analyses, the book's wry, cynical prose is highly accessible. Readers will come away with a clear sense of how orthodox methods of poverty reduction do not help, and can sometimes worsen, poor economies. (Mar. 20) Copyright 2006 Reed Business Information.

Brilliant at diagnosing the failings of Western intervention in the Third World. ("BusinessWeek")