“Project of the Faculty of Economics and the University of Applied Sciences Faculty of Management in Steyr Austria”

This paper provides a critical overview of the new aid paradigm that seems to have emerged in the context of evidence-based development in recent years. It explores the new modalities, instruments, and tools that are often prescribed by donor agencies and development institutions to promote a new aid agenda which takes the focus of conventional development intervention programs away from resources to aid effectiveness.  In particular, it examines in depth the fundamental assumptions, problems, and issues in current aid policies and the implications of the new aid paradigm for both poverty reduction and human development.