Publication

Pooled funds are gaining in popularity in fragile states as a means to effective aid. This paper introduces an experimental methodology for an index that captures the performance of pooled funds in fragile states across the Paris Declaration principles: ownership, alignment, harmonization, delivery of results, and mutual accountability. This methodology was fully tested on three pooled funds in different countries to show that it is possible to assess and compare pooled funds in a systematic way with results that strongly reflect general perceptions of effectiveness.