How to Manage an Aid Exit Strategy
The Future of Development Aid
By (author) Derek Fee
Publication date:12 July 2012
After almost forty years of development aid most commentators agree that aid as we know it has not worked. Aid fatigue is suffered on both the donor and recipient sides, with a wide divergence between those who call for a radical overhaul of aid delivery methods, those who advocate a complete end to development aid and those who continually demand significant increases in aid flows. David Fee provides a refreshing, insightful and comprehensive analysis of how an exit may actually be possible - drawing on real experience and as such supplying a simple summary of recommended policy steps. The author thoroughly reviews aid for trade, regional integration and microfinance and a host of other solutions that have been proposed - arguing that an exit strategy for both donors and the least developed countries will have to consider the optimal combination of these specific initiatives to best satisfy the necessity of development and at the same time solve the problems of conventional aid.
'To develop successful strategies and tactics for the future one has to know the present situation and that is not possible without knowing the past. To that end this book is a great help. It provides a thorough contribution to a debate that should not be limited to the in crowd of experts. Development cooperation is paid for by all taxpayers, who should all have a genuine interest in getting value for money. The same would, of course, be true for those at the receiving end of the aid.' Koos Richelle, former director general of the EuropeAid Cooperation Office 'Derek Fee's book is a must-read for development practitioners and policy makers who are seeking a new paradigm to the conventional aid model, one that can work for the poor and that will lay the basis for aid dependent countries to exit from aid . A marvellously insightful book on the politics and economics of the relationship between the aid recipient countries and donors of all colours.' Sindiso Ngwenya, COMESA Secretary-General 'I congratulate Derek Fee on his high-quality and extremely detailed book that has not only the merit to be an update on development aid but also asks pertinent questions on the future of our relations with developing countries. He does this with tact and success, based on his long experience of Africa. Derek Fee is one of those men, visionaries, open to dialogue, reforms and changes. I congratulate him on this most valuable book, which finds its place among all the lovers of Africa.' Louis Michel, MEP, former European Commissioner for Development